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The US dollar is on the front foot
FOREX The US dollar is on the front foot during the early part of Thursday’s trading session, reclaiming most of the ground lost to the other major currencies on Wednesday. It seems that the markets have now finished processing the slightly lower than expected inflation numbers published earlier in the week and are now shifting[…]
The US Dollar is showing some weakness
FOREX The US Dollar is showing some weakness during early Tuesday trading, as investors position themselves before the release of inflation data later in the day. The consensus amongst analysts is that year-on-year inflation for August, expected to reach 4.2%, will ease modestly compared to the July number of 4.3%. Even if this prediction materialises[…]
WTI is starting the week on the front foot
OIL WTI is starting the week on the front foot, climbing above the $70 level for the first time in over a week. These gains in the price of oil happen as concerns grow over US production, following the damage caused by Hurricane Ida to infrastructure in the Gulf of Mexico, which has seen output[…]