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<p>Hopes for a production-cut deal by OPEC today catapult oil higher Deal will likely get done, yet any positive reaction in oil may be short lived Stocks climb with crude, but watch out for US jobless claims today Euro will stay tuned to the Eurogroup meeting – are Eurobonds on the menu? Oil jumps on […]

<p>The common European currency remained stable against the Japanese Yen on Wednesday. The currency pair consolidated below the 118.50 area during yesterday’s trading session. The exchange rate is currently trading near the bottom border of an ascending channel pattern at 118.14. If the channel pattern holds, bullish traders could drive

<p>The AUD/USD pair bounced off from the lower boundary of an ascending channel pattern at 0.6119 on Wednesday. As a result, the currency pair surged by 113 basis points or 1.84% during yesterday’s trading session. All things being equal, the Aussie will most likely continue to edge higher within the following trading session. The poten

<p>The NZD/USD pair bounced off from a support level formed by the 200– hour simple moving average at 0.5945 on Wednesday. As a result, the currency pair surged by 95 basis points or 1.43% during yesterday’s trading session. The exchange rate could continue to surge in an ascending channel pattern within the following trading session. [

<p>World markets returned to growth on Wednesday on new signs of stabilization in the number of new cases of coronavirus infection. Formally, it is too early to talk about quarantine removal. However, politicians are already indicating that they are working out details of this scenario. It inspires buyers in the markets. However, there are se

The greenback came under renewed selling pressure in the early trading hours of the American session after the US Federal Reserve announced that it ha

US stock futures are pointing to a positive open, flipping from implying drops after the Federal Reserve unleashed several new lending schemes worth $

The USD/CAD pair retreated around 50 pips and dropped to the lower end of its daily trading range post-US/Canadian data, albeit lacked follow-through.

The slightly offered bias around the greenback is allowing the single currency to regain some poise and push EUR/JPY to the 118.60 region, where it lo

The US Federal Reserve announced on Thursday that it has taken additional actions to provide up to $2.3 trillion in loans to support the economy. Deve