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Crude Oil Prices Drop as China Releases National Reserves

Posted by By 09/09/2021Posted inForex
Crude oil prices have fallen back on news that China has released crude from its reserves to reduce the pressure on its companies from rising raw material prices.
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Crude Oil Technical Outlook: Trading at Resistance, Make or Break?

Posted by By 09/09/2021Posted inForex
Oil is trading at confluent resistance, a fairly sizable spot to pay attention for a breakout or failure play.
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Breaking: ECB to Slow PEPP Purchase Pace, EUR/USD and Bund Yields Muted

Posted by By 09/09/2021Posted inForex
ECB to slow PEPP purchases as expected. Euro and Bund yields see muted reaction in light of expected decision.
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Solana (SOL/USD) Continues to Soar, Ethereum (ETH/USD) Consolidating Recent Flash Crash

Posted by By 09/09/2021Posted inForex
The alt-coin market is shaking off this week's heavy sell-off with multiple coins making double-digit gains.
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Euro Setup: EUR/USD, EUR/GBP Ahead of ECB

Posted by By 09/09/2021Posted inForex
Euro traders keeping an eye on ECB as expectations for a hawkish tilt rise
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Chinese Property Giant Evergrande’s Debt Fears, Ongoing Gaming Market Shake-Up

Posted by By 09/09/2021Posted inForex
Chinese property giant Evergrande is back in the news as fears over the size of the companies debt pile and the possible wider spread contagion effect increase.
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British Pound (GBP) Price Outlook: GBP/USD Downturn to Persist

Posted by By 09/09/2021Posted inForex
GBP/USD continues to edge lower, partly on a firm US Dollar and partly on speculation that the Bank of England may decide to offset the fiscal tightening announced by the…
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Australian Dollar Hit as Market Mood Sours, ECB Taper Talk Eyed. Will Risk Appetite Return?

Posted by By 09/09/2021Posted inForex
The Australian Dollar fell as the Fed’s Beige Book got a sombre response and a taper-minded ECB meeting came into view. Will it bring risk assets like AUD/JPY some reward?
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Gold Prices Erase Two-Week Rise in a Day on Fed Outlook Rethink

Posted by By 09/09/2021Posted inForex
Gold prices tumbled, erasing two weeks of gains in a single day as the markets recalibrated Fed policy bets. The spotlight now turns to the ECB.
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Norwegian Krone Technical Analysis: Will Recent EUR/NOK, USD/NOK Gains Last?

Posted by By 09/09/2021Posted inForex
The Norwegian Krone has been weakening since April against a rising Euro and US Dollar. Will the trend persist or is it a return to range trading ahead?
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