WTI picks up bids to refresh three-week high. Bullish MACD signals, clear break of previous resistance line favor buyers. Descending resistance line from June, 100-EMA challenges...
Russia announced it might cut oil output early in January. US markets are due to close earlier on Friday amid the Christmas holidays. WTI retreated modestly...
Russian Deputy Prime Minister Alexander Novak said on Friday, “Russia may cut oil output by 5-7% in early 2023 as it responds to western price caps.”...
The USD/CAD pares the biggest daily gains in over a week, sidelined of late. Upbeat US data renewed hawkish Fed concerns and favored US Dollar buyers....
USD/INR stays mildly bid, struggles for clear directions amid mixed clues. Markets pare BOJ-led moves but the corrective bounce lacks momentum. US Dollar recovers ahead of...
WTI crude oil picks up bids to portray a three-day uptrend. US Dollar bears the burden of BOJ-inflicted bond selling. Surprise fall in API inventories, upbeat...
USD/CAD picks up bids to reverse the week-start losses. The US Dollar benefits from the BOJ-inflicted losses in bond, stock markets. Oil prices weaken amid economic...
USD/CAD struggles to defend bears during the first daily loss in three. Oil prices initially cheered hopes of China stimulus, softer US Dollar before latest consolidation....