<p>WTI oil fell ticks ahead of psychological $10 support on Tuesday in extension of Monday’s 23% drop. The sentiment weakened again after recovery from new record low stalled on growing fears over almost full global oil storage and strong fall in global demand. Markets remain strongly concerned that revival of demand for oil on easing [&helli
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AUD/USD Outlook: Aussie Extends Rally On Fresh Risk Mode And Fall In Oil Prices
<p>The Australian dollar continues to ride on the wave of fresh optimism which boosted risk sentiment and hits new 1 ½ month high vs its US counterpart on Tuesday. Fresh fall in oil prices added to bullish stance, which was confirmed by Tuesday’s close above former high at 0.6444 (14 Apr) and Fibo 61.8% of […]
Boeing Stock Price: NYSE: BA price suffers double trouble regulators, Southwest Airlines
The trouble continues to mount for Boeing, the battered aerospace company. According to the Wall Street Journal, prosecutors and regulators are probin
Gold Price News and Forecast: XAU/USD erases majority of early losses, trades above $1,700
Gold failed to capitalize on its intraday recovery move, instead met with some fresh supply near a resistance marked by 100-hour EMA and refreshed dai
USD/TRY: Turkish lira needs higher rates – Danske Bank
Just a small push by the Turkish Central Bank in the wrong direction is needed to lean into an outright currency crisis, according to economists at Da
Gold Price Analysis: Bears challenge $1690 horizontal support
Gold failed to capitalize on its intraday recovery move, instead met with some fresh supply near a resistance marked by 100-hour EMA and refreshed dai
S&P 500 Price Analysis: US stocks move higher and challenge 2900 resistance
The S&P 500 is attempting to break the 2900 resistance on an intraday basis. A daily close above the level can be open the door to more gains towards the 3000
US GDP Preview: Dollar moving in opposite direction
American economic growth is set for the largest quarterly contraction since the financial crisis. The US dollar could jump from a difficult number, in
USD/CHF flirting with daily lows, below mid-0.9700s
The USD/CHF pair refreshed daily lows, around the 0.9720 region during the early North-American session, albeit quickly retreated few pips thereafter.
GBP/USD recedes from tops, back below 1.2500
GBP/USD has come under some selling pressure following a move to fresh 2-week highs beyond 1.2500 the figure earlier in the session. GBP/USD stronger