USDCAD retraces lower toward MA support. Will the buyers defend the support?
The USDCAD pushed up to and through the 50% midpoint of the trend-like decline from the March 31 high last week, with ...
Al Arabiya: Iran agrees to long-term nuclear freeze in lieu of a complete dismantling.
Al Arabiay is reporting:Iran agrees to a long-term nuclear freeze in lieu of a complete dismantlingThey have withdraw ...
What is the bias, risks and targets for the EURUSD, USDJPY and GBPUSD right now
As the new trading day gets underway, markets are off to a relatively cautious and choppy start. Oil prices are modes ...
investingLive European markets wrap: A more cautionary mood; US to waive Iran sanctions?
Headlines:US reportedly to temporarily waive Iran sanctions in new draft proposalIran’s ForMin Spokesperson say ...
US reportedly to temporarily waive Iran sanctions in new draft proposal
This is coming from the Iranian camp, as reported by Tasnim News agency. THe report says that the US has agreed to pr ...
Silver converges lower with gold on surging real yields amid Fed hikes risk. What’s next?
FUNDAMENTAL
OVERVIEWSilver erased most of its monthly gains in the final part of last week as
real yields sur ...
IEA chief warns that commercial oil inventories are depleting rapidly
Release of strategic oil reserves have added 2.5 million bpd to the marketHowever, they are not endlessThere is a per ...
Gold remains under pressure amid worries of Fed rate hikes, prolonged US-Iran stalemate
FUNDAMENTAL
OVERVIEWGold sank into monthly lows on Friday as real yields surged and we got broad risk-off flows h ...
Market outlook for the week of 18th – 22nd May
Monday starts off quietly, with no major scheduled economic events for the FX market. Data releases pick up Tuesday w ...
BoE’s Greene: We should not be looking through negative supply shocks
Some of global economy resilience to US-Iran war is due to inventoriesSecond-round effects of energy price shock won& ...
Iran’s ForMin Spokesperson says process of talks through Pakistani mediation is ongoing
Iranian and Omani technical teams met last week in Oman to negotiate a mechanism for safe transit in the Strait of Ho ...
Japan government likely to issue fresh debt to fund extra budget – report
This just means that the fiscal worries will continue to mount, adding to the already damaging reputation for the yen ...