British Meeting Minutes Highlight Today’s FX Trading
September 22, 2010 10:50 am by Natalie R.The British MPC meeting minutes will be the main event for a busy day in the FX markets; with US oil inventories figures dominating the New York trading session. Here’s an outlook for the major events in today’s trading.
Crude Oil Inventories
August 25, 2010 1:52 pm by Natalie R.After dropping below $72 a barrel overnight, to an 11 week low, crude levels rebounded slightly in today’s early trading ahead of the release of U.S inventories data later today that is predicted to show a modest gain in gasoline ...
Dollar Remains on Top as Risk Aversion Continues
May 5, 2010 9:17 am by Dan EduardIt appears as if most of the momentum in the market is pointing towards the US Dollar. Yesterday's massive surge of risk aversion led to a flight away from riskier assets and into the primary safe-haven from market turmoil: the ...
Crude Oil Inventories and Bernanke’s Speech to Move the Forex Market Today
April 7, 2010 9:43 am by Natalie R.After traders caught up with markets that were closed for Easter, new economic data is set to be released today that should influence the price of spot crude oil and the dollar.
Spot Crude Oil Trading: Look Outside the Crude Oil Inventories Report
March 4, 2010 11:10 am by Russell GlaserAfter 3 consecutive weeks of higher crude oil inventory data, traders may want to be looking elsewhere for their bullish signals. Other positive economic data helped to boost the price of spot crude oil yesterday. The news was strong enough ...
Spot Crude Oil Trading Jumps on Inflation Data
February 19, 2010 10:19 pm by Russell GlaserSpot crude oil prices jumped during Friday's New York trading hours after the commodity traded lower for most of the day. Spot crude oil traders shrugged off yesterday's increase in the Federal Reserve discount rate after the release of the ...
Spot Crude Oil Prices Trading at Weekly High
February 11, 2010 3:54 pm by Russell GlaserSpot crude oil prices rose yesterday to their highest in a week after severe winter weather punished the Eastern half of the U.S., causing traders to go long on the commodity.
Low Refinery Output and Weak U.S. Demand Drops Spot Crude Oil Prices
January 28, 2010 12:41 pm by Russell GlaserSpot crude oil prices are trading at their lowest level for the month. According to inventory data released yesterday, there are new signs of weakening U.S. crude oil demand. This could continue to push spot crude oil prices lower.
Range Trading for Spot Crude Oil Prices
January 26, 2010 10:12 pm by Russell GlaserSpot crude oil prices were unchanged today though prices traded in a wide range. Chinese economic policies and a stronger dollar did little to support the price of the commodity and a break out of this trading range.
Crude Oil Inventories Gain in Significance Today
January 21, 2010 7:54 am by Greg HoldenThe US Dollar has been trading higher with each passing day as stock markets across the US and Europe face strong selling pressure. As the USD climbs, the EUR has similarly dropped to a 20-week low against the greenback, hitting ...
