The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank’s commodity analyst Carsten Fritsch notes. US shale Oil production is…
The Japanese Yen attracts sellers for the second straight day in reaction to disappointing domestic data. The optimism over the resumption of US-China trade talks…
US Dollar (USD) could continue to weaken against Chinese Yuan (CNH); any further decline is unlikely to break below 7.1600. In the longer run, mild…
The US JOLTS data will be watched closely ahead of the release of the May employment report on Friday. Job openings are forecast to edge…
USD/CHF softens to around 0.8230 in Friday’s early European session. Persistent trade-related uncertainties boost the safe-haven flows, supporting the Swiss Franc. US April Personal Consumption…
Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data…
Durable Goods Orders in the US declined less than expected in April. The US Dollar Index stays in positive territory above 99.00. Durable Goods Orders…
Scope for US Dollar (USD) to weaken further vs Japanese Yen (JPY); any decline is likely part of a lower range of 142.10/143.45. In the…
The S&P Global advanced May PMIs are expected to show a slight dip in the manufacturing sector. Markets expect the Federal Reserve to cut rates…
EUR/USD slips to near 1.1310 as the flash Eurozone PMI data surprisingly contracted in May. US President Trump warns that Russia could avoid ending the…