Oil prices make shallow bullish attempts
Crude oil prices have been trading in a muted manner these days, following an aggressive sell-off last week. Brent continues receive support around the $64 handle on Friday, targeting...
US retail sales advanced in late-2019
US retail sales grew 0.3% in December, as expected, while the previous result was revised up to a gain of 0.3% instead of the preliminary 0.2% growth. On the...
ECB meeting minutes plays into euro’s hands
The ECB revealed the account of its December monetary policy meeting today and added to the upside impetus in the euro. In the document, the regulator pointed to a solid...
Gold bulls capped by trade optimism but stays afloat
Gold prices managed to inch higher on Wednesday despite the US and China have finally signed their phase one trade deal. The precious metal climbed from local lows to the...
Swiss franc at the highest level since September 2018
Swiss franc continues to rise for a fifth day in a row already. Following failed attempts to withstand the selling pressure, the pair had to dip to the lowest level...
Dollar mixed-to-negative against major counterparts
The US dollar is trading mostly lower on Wednesday, with euro and yen demand picked up slightly after a decline earlier in the week. The US consumer price index...
Oil prices struggle for direction above $64
Oil prices managed to register some gains yesterday for the first time in seven sessions despite the American Petroleum Institute pointed to a surprise crude oil inventory build of 1.1...
USDJPY trimmed gains but remains bullish
USDJPY sees gains for a seventh day in a row on Tuesday as risk sentiment continued to improve after US Treasury Secretary Stephen Mnuchin said that the administration has abandoned...
Bitcoin jumps on the launch of options on CME
Following a few days of consolidation just above the 100-daily moving average, bitcoin jumped aggressively on Tuesday, to register mid-November highs just below $8,700. So, as a result of...
Gold prices down amid positive risk sentiment
Gold market retains its bearish bias on Tuesday amid positive risk sentiment in the global markets. Ahead of tomorrow’s signing a deal, the Unites States dropped its designation of China...
