Thursday, April 25, 2024
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Oil looks steady due to supply worries

The bullish tone in the market could be capped by China of the upcoming economic figures continue to disappoint Oil prices have been relatively steady these...

Dollar capped by upbeat risk sentiment

Fresh economic data out of the US that could provide more clues about the Fed’s next steps The US dollar keeps trending lower these days, as Treasury...

Euro looks indecisive despite a weaker dollar

EURUSD extended the recent advance towards the 1.0930 zone where the 100-DMA capped gains The euro has been rising for the second session in a row...

Bitcoin struggles along with stocks

The BTCUSD pair briefly dipped to the $28,300 zone for the first time in nearly two months before bouncing slightly Bitcoin has been sliding for the...

Dollar rally wanes, retail sales data in focus

The buying interest surrounding the USD eased as sentiment in the global financial markets turned more positive The US dollar has steadied on Tuesday after...

Oil at multi-month highs despite bearish news

Traders shrugged off persisting concerns over sluggish Chinese demand Oil prices hit fresh January highs even as equity investors turned cautious ahead of key US inflation...

Oil finishes 2022 just slightly off one-year lows

The technical picture in the oil market has deteriorated substantially during the second half of the year Oil prices briefly peaked above $86 a barrel earlier...

Bitcoin steadies after BoJ-induced rally, bearish trend persists

A failure to clear the $17,000 immediate resistance could trigger a fresh sell-off Following a weak start to the week, the price of bitcoin rallied on...

US dollar struggles to attract safe-haven demand

The USD failed to capitalize on the rally in the US Treasury bond yields across the curve The US dollar is back on the defensive after the recent...

Enel CEO joins call for halt to new fossil fuels

The world must agree to stop extracting new fossil fuels and also aggressively deploy technology to limit the growth of greenhouse gasses, the chief executive of Europe’s biggest utility...