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WTI crude oil settled lower by $1.10 to $67.20 in the second day of sales after OPEC+'s decision to delay barrels through Q1 and bring them on more slowly thereafter. Oil remains within last month's range but is dangerously close…
(Reuters) – breaking the $100,000 barrier raising expectations that the cryptocurrency will go mainstream, US inflation data will show how much pressure the Fed is under to adjust rates and central banks in Europe, Australia and Brazil meet. Here's what's…
The US dollar has recovered the decline of non-farm payrolls and – in most cases – even more. EUR/USD is down to 1.0560 from a high of 1.0630. EUR/USD 10 minutes I think – or at least hope – that…
High risk warning: Foreign exchange trading carries a high level of risk which may not be suitable for all investors. Leverage creates additional risk and loss. Before you decide to trade foreign exchange, carefully consider your investment goals, level of…
Powell examines the calendar (AI photo) This week's lead includes CPI and PPI and some special Treasury auctions. The Fed goes into blackout at midnight on Friday so it will be much quieter in that regard. The FOMC decision is…
Investing.com – The US dollar gained slightly on Friday, with traders expressing a level of caution ahead of the expected monthly jobs report, while the euro continued to show weakness . At 05:00 ET (10:00 GMT), the Dollar Index, which…
On the day: Stoxx 600 +0.1% German DAX +0.1% France CAC +1.3% UK FTSE 100 -0.5% Spain IBEX -0.5% Italy's FTSE MIB +0.3% During the week: Stoxx 600 +1.9% German DAX +3.8% France CAC +2.7% UK FTSE 100 +0.25% Spain…
USDCAD weekly chart MUFG Research added a long USD/CAD position to its ToTW portfolio targeting a move towards 1.4550, with a stop at 1.3850. “We recommend a new USD/CAD long trade idea. We still see room for the CAD to…
CIBC is out with a review today Canada jobs report: Despite strong headline job numbers, the underlying details were mostly negative They cite: Large public sector job gains, highest unemployment rate since 2016, lowest wage growth since June 2023 The…
Comments from Beth Hammack of Cleveland: Saying she has an 'open mind' about the December meeting, more data is coming A market outlook of one cut between now and the end of January is reasonable A slower pace of rate…
