Blogs

Fed easing off the gas pedal The Fed announced it will ease up on QE next week in Treasuries, taking it to $30B per day from $50B. To put that into perspective, QE3 was $40B per month. These numbers are still insane.

WTI is consolidating last week’s gains as WTI bounced from multi-year lows. However, as the underlying trend remains bearish, crude oil can be vulnerable to th

The OPEC and non-OPEC producers (OPEC+) have agreed in principle for an output cut of 10 million barrels per day (bpd) for May and June, Reuters repor

Following its meeting on Thursday, the Bank of England's (BoE) Financial Policy Committee (FPC) noted that the economic activity was reduced sharply d

The weekly jobless claim report showed on Thursday that 6.6 million made an initial claim for unemployment insurance. Analysts at Wells Fargo, now exp

The USD/CAD pair came under strong bearish pressure in the second half of the day even after the data from Canada showed a more-than-expected increase

EUR/JPY consolidates the bear leg to the 2020 lows as the quote is trading below its main SMAs (simple moving averages) on the daily chart suggesting an overal

The USD/MXN pair was falling on Thursday, and it accelerated to the downside after the latest announcement from the Federal Reserve. It bottomed at 23

United States 4-Week Bill Auction up to 0.19% from previous 0.09%

Russia and Saudi Arabia have overcome the differences on oil output cuts and it's very important that other producers outside OPEC+ join cuts, Kirill