Category: All Category

05 Jul

Oil prices dip as Trump calls on OPEC to ‘reduce pricing now’

By Henning Gloystein SINGAPORE (Reuters) – Oil prices eased on Thursday after U.S. President Donald Trump sent a tweet urging OPEC to reduce prices for crude. Brent crude futures (LCOc1) were at $77.88 per barrel at 0053 GMT, down 36 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures […]

05 Jul

Euro Gains as ECB Increases Rate Hike Bets, EUR/USD May Rise Next

EURO TALKING POINTS: Euro prices rose as some ECB members fret over late-2019 rate hike bets Upcoming commentary from Yves Mersch could reveal more details next EUR/USD’s recent consolidation is met with fading downside momentum We just released our 3Q forecasts for currencies like the Euro in the DailyFX Trading Guides page During illiquid trading conditions given the […]

04 Jul

Forex – Dollar Dips in Thin Trade Ahead of U.S. Holiday

Investing.com – The dollar dipped against a currency basket on Wednesday in thin trade ahead of the U.S. Independence Day holiday as concerns over heightened trade tensions remained to the forefront. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.11% to 94.23 by 03:21 AM ET […]