Crude oil prices traded higher on recovery optimism as OPEC+ planned to further lift production cuts in August to meet rising fuel demand. API reported a larger-than-expected fall in crude…
The Euro may be at risk as retail traders are increasing their long exposure in EUR/USD and EUR/GBP. What is the road ahead and what are key technical levels to…
Wall Street stocks welcomed Fed Chair Jerome Powell’s dovish speech and closed higher. The Nasdaq 100 hit an all-time high. Asia-Pacific markets may follow a positive lead. The US Dollar…
The Canadian Dollar may have more room to weaken looking at a Loonie index. USD/CAD is struggling to confirm a push above the 100-day SMA, watch the 4-hour chart for…
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak…
The DXY Index hits session lows as the US Dollar slips broadly with Fed Chair Powell vowing to not preemptively raise interest rates at his congressional testimony.