Oil prices dropped sharply yesterday, where Brent plunged below USD74/bbl, Danske Bank’s analyst Jens Nærvig Pedersen notes. US consumer confidence figures weigh on risk sentiment…
Australian Dollar (AUD) is expected to trade in a 0.6325/0.6365 range vs US Dollar (USD). In the longer run, upward momentum has largely faded; AUD…
Chance for Euro (EUR) to rise above 1.0530 vs US Dollar (USD); it is unclear whether it can maintain a foothold above this level. In…
USD/JPY dropped below 149 yesterday, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. USD/JPY is closing in a target of 147 “USD/JPY dropped below 149…
USD/JPY could encounter resistance as the likelihood of additional rate hikes by the Bank of Japan increases. Traders await a set of crucial Japanese economic…
West Texas Intermediate (WTI) Oil price is neutral on Wednesday, according to FXStreet data. WTI trades at $69.03 per barrel, not far from its Tuesday…
EUR/GBP remains under pressure as Germany’s GfK Consumer Confidence Survey dropped to -24.7 for March. The Euro may face further headwinds with the ECB widely…
Here is what you need to know on Wednesday, February 26: The US Dollar (USD) holds its ground against its rivals early Wednesday as markets…
FX option expiries for Feb 26 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0350 1.2b 1.0400 2b 1.0420 1.1b 1.0430…
Home Depot (NYSE:HD), the big box home improvement retailer, eked out an earnings beat in its fiscal fourth quarter, as the stock rose nearly 4%.…