Technical Analysis

All eyes now turn to the U.S. nonfarm payrolls report

All eyes now turn to the U.S. nonfarm payrolls report due later on Friday, with economists forecasting 250,000 jobs to…

3 years ago

OPEC+ agreed to cut supply by 2 million barrels per day

OPEC+ agreed to cut supply by 2 million barrels per day (bpd) in order to counter recent weakness in crude…

3 years ago

OPEC+ is considering its biggest production cut since 2020

OPEC+ is considering its biggest production cut since 2020 as it tries to stabilize oil prices, a move that risks…

3 years ago

Dollar is shaking despite the stable market

The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent…

3 years ago

OPEC+ are considering adjusting output to increase prices

OPEC+ might consider cutting oil output by more than 1 million barrels a day, which might be the largest since…

3 years ago

Bank of England; Between Inflation and Exchange ates

The Bank of England, trying to stabilize the pound's rapid descent, said it would buy long-dated government bonds. Meanwhile, the…

3 years ago

Sterling is Getting Closer to the Parity

Bank of England Chief Economist Huw Pill said overnight that the central bank is likely to deliver a "significant policy…

3 years ago

Cable Finds Support And The Greenback Is Still Fighting

The dollar paused in what has been a relentless climb higher as the euro and even the besieged Japanese yen…

3 years ago

Sterling Pound at an all-time low; Greenback is sky high

Global risk assets extended their selloff on Monday as fears of faster inflation and global recession continued to rise. U.K.…

3 years ago

BOJ intervenes for the first time since 1998

As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen,…

3 years ago