Blogs

Oil prices are staying steady for now this Friday, around $70, after their decline throughout this week. When looking at the Oil price and events at hand, it all boils down to simple supply and demand. At the moment

The high-impact Nonfarm Payrolls (NFP) data from the United States (US) will be published by the Bureau of Labor Statistics (BLS) on Friday at 13:30 GMT.

The US Dollar (USD) was having a crisis on Thursday after an outside event tripped the US Dollar Index (DXY) 0.50% into the red. The outside pressure came from the Japanese Yen which appreciated at one point nearly

Gold treads water with the market on a wait-and-see stance ahead of the NFP report.

The US Dollar pulls back ahead of the NFP report The uptick in Oil prices is providing support to the CAD.

The Euro is looking for a direction below 0.8590. Weak Eurozone data keeps fuelling hopes of ECB cuts and weighing on the Euro The pair is nearing a strong support area above 0.8500 The euro is trading sideways for the fifth consecutive day on Friday, with price action trapped within the upper range of 0.8500.

GBP/USD closed in positive territory on Thursday but failed to attract additional buyers early Friday.

India FX Reserves, USD increased to $604.04B in December 1 from previous $597.94B