Share: The Canadian Dollar trades in volatile ups and downs against the US Dollar after hitting a technical ceiling and a decline in Oil prices. Oil...
Share: WTI bulls are taking profits ahead of the weekend and the price retreated near $75.50. The price was rejected twice this week by the 200-day...
Share: USD/CAD has turned sideways above 1.3100 as investors await key triggers for further guidance. In June, US inflation grew at a nominal pace as a...
Share: USD/CAD has shown a recovery move from 1.3200 amid a mild rebound in the USD Index. Investors are hoping that the Fed will hike interest...
Share: The WTI price trades with losses near the $73.00 area, cutting a four-day winning streak. Weak NFPs from the US and dovish bets on the...
Share: Canadian Dollar claws back losses suffered overnight after underwhelming NFP data bursts Thursday’s optimism. CAD finds a friend in rising Crude Oil prices and after...
Share: Considering advanced prints from CME Group for crude oil futures markets, open interest reversed a multi-session downtrend and increased by around 4.3K contracts on Wednesday....
Share: The Canadian Dollar loses ground as higher interest rates in the US and expectations of more hikes favor the US Dollar. A triennial OPEC conference...
Share: WTI crude oil pares the biggest daily gains in a week amid downbeat mood. China Caixin Services PMI drops in June, fears of recession, Sino-American...
Share: The Canadian Dollar trades slightly higher supported by a rise in Oil prices on supply fears. Canadian Manufacturing PMI comes out lower than expected in...
Share: WTI crude oil is down 0.55% at $70 per barrel amid fears of a global economic slowdown impacting oil demand. Saudi Arabia and Russia’s supply...
Share: WTI failed to surpass the 20-day SMA at $70.29 and then stabilized around $69.75. US reported that GDP from Q2 was revised upwards to 2%...
Share: WTI jumped from a low of $67.10 to a daily high of $69.40. EIA Crude Oil Stock declines were significantly higher than the consensus. US...
Share: WTI remains pressured around weekly low after welcoming bears the previous day. Cautious optimism about China, receding fears of Russia-induced supply crunch fears weigh on...
Share: USD/CAD takes offers to reverse the previous day’s corrective bounce off the lowest level since September 2022. WTI crude oil fails to cheer risk-positive headlines...
Share: The oil price has printed a fresh nine-day low at $67.60 amid bleak economic forecasts. In the battle against stubborn inflation, central banks are sharpening...
Share: Central bank rate hikes, led by BoE, stoke fears of diminished oil demand. WTI falls despite recent OPEC+ output cuts and surprise dip in US...
Share: WTI jumped to its highest level since June 8, reaching $72.70. Powell didn’t deliver hawkish surprises, maintaining his stance from last Wednesday’s presser. A positive...
Share: WTI fell to a five-day low of $69.82, seeing more than 1.50% losses. PBoC rate cuts fueled energy demand concerns among oil traders. World indexes...
Share: USD/CAD is showing lackluster action following the footprints of the sideways USD Index and oil prices. Interest rate guidance and a detailed explanation behind a...