Oil bounces amid weaker dollar, oversold conditions
Further gains in the oil market under question now as traders awaiting the outcome of the US presidential election
Oil prices extended the recovery from five-month lows on Tuesday....
Dollar remains buoyant ahead of crucial events
The recent correction higher in the euro was due to upbeat Eurozone manufacturing PMI
The US dollar remains on the offensive on Monday despite the buying pressure has eased...
Gold erases losses but stays vulnerable
The non-yielding yellow metal benefited from sliding US Treasury bond yields
Gold prices rose on Friday after two days of declines, with the bullion gaining some positive traction, moving...
Dollar relatively steady as investors keep a cautious tone
The greenback could capitalize on euro weakness if the CB delivers a dovish tone
After a sharp sell-off in the global financial markets seen on Wednesday, stocks have stabilized...
ECB meeting to set the tone for the euro
The central bank could prepare the markets for a further easing of monetary policy in December
It’s clear that the ECB is moving closer towards another round of easing,...
Worries over shutdowns weigh on oil market sentiment
Portfolio managers are getting more confident that OPEC+ will delay their scheduled output increases
Oil prices rose briefly but failed to preserve gains and retreated eventually, closing 0.40% higher...
Bitcoin at the highest levels since June 2019
Considering a strong rally and overbought conditions, a bearish correction could be expected soon
Bitcoin continues its upward spiral, extending gains to the highest levels since June 2019 on...
Euro on the defensive after a bullish week
EURUSD may need the additional catalyst to make a decisive break above the 1.1860 level that represents a fairly stiff local resistance
After a positive week, the euro opened...
British pound struggles despite dollar weakness
The USD index made an unsuccessful attempt to extend yesterday’s advance
British pound struggles for direction on Friday even as the dollar came under widespread selling pressure amid upbeat...
Gold prices struggle to find sustained momentum
Despite the recent recovery, gold remains vulnerable and could suffer steeper losses
Gold prices came back under the selling pressure on Thursday following three days of marginal gains. The...
