The OPEC and non-OPEC producers (OPEC+) are debating crude oil output cuts in excess of 12 million barrels per day, Reuters reported on Thursday, citi
Blogs
US PPI: Initial impact of COVID-19 – Wells Fargo
The Producer Price Index in the US dropped 0.2% in March and the core rose 0.2%. Analysts at Wells Fargo point out inflation is soft and containment e
EUR/USD Price Analysis: Euro trades in two-day’s highs above 1.0900 figure as Fed injects trillions of liquidity
EUR/USD is bouncing from the 1.0800 figure while trading below the main SMA (simple moving average) on the daily chart. The Fed announced it would inject $2.3
USD/JPY extends slide below 108.50 on US dollar sell-off
The USD/JPY pair dropped further during the American session despite the rally in Wall Street. It printed a fresh four-day low at 108.35 and it remain
US Dollar Index Price Analysis: DXY dips below 100.00 figure as Fed adds $2.3 trillion to its balance sheet
DXY is trading in a bull trend above the main daily SMAs, however, the greenback is losing steam below the 100.00 figure this Thursday as the Fed announced it
WTI oil falls below $26 as OPEC+ is yet to announce deal details
According to Dow Jones, Saudi Arabia would cut four million barrels per day while Russia would slash two mpbd. It is unclear where the rest of the 20m
Saudi Arabia and Russia have a deal on deep oil output cuts – Reuters
Saudi Arabia and Russia have reached a deal on deep oil output cuts, Reuters reported on Thursday, citing an OPEC source familiar with the matter. "Ru
Fed's Powell: Will be in no hurry to pull back on asset purchases or programs
The reopening of the US economy is a judgement that has to be made by health officials, FOMC Chairman Jerome Powell said during the Q&A session of an
BoC: 0.25% is the effective lower bound – TDS
With so much stimulus already in the system, there isn't much suspense around the April interest rate announcement by the Bank of Canada (BoC), per TD
Gold Price News and Forecast: XAU/USD trade within a short-term consolidation
The gold futures contract fluctuated on Wednesday, as it gained 0.04%. The market is going sideways following its recent rally. Gold price has reached