Oil producers and traders have remained in a rather inactive position in the latest days. This could be due to weakness in worldwide demand for the commodity weighing in on the market. In general...
Iranian military confronted and seized a British warship on Friday as Tehran said it was violating international maritime rules. UK officials were not clear on how they intent to reply to this...
USD was on the retreat yesterday as Fed officials strengthened expectations for the Fed to cut rates in its July meeting. NY Fed President John Williams held an argumentation about the Fed taking...
Australia’s employment data for June came out and were characterised as quite soft. The unemployment rate remained unchanged at 5.2%, while the employment change figure dropped to a merely 0.5k....
The greenback strengthened yesterday against a number of its counterparts as better than expected data was released from the US. The markets reacted favourably as the retail sales growth rates...
GBP/USD dropped yesterday as Brexit weighed on the pound once again yesterday, keeping any gains temporary and in check. On the monetary front, poor data and the possibility of the BoE cutting...
AUD/USD marked slight gains as the Chinese GDP rates for Q2 (+1.6% qoq), outperformed expectations (+1.5% qoq). It should be noted though, that on a year on year basis China’s GDP rate slowed...
USD stopped its weakening against a number of other currencies, as the US inflation rates for June released yesterday, seem to stabilize. The headline CPI rate slowed down as expected, reaching +...