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…
USD/INR slips to 85.36 as the Indian Rupee rebounds after last week’s decline. India’s HSBC Manufacturing PMI was revised to 57.6 in May, signaling a…
NZD/USD gains ground as the US Dollar depreciates following the Trump’s new tariff threats. President Trump plans to increase import tariffs from 25% to 50%…
Japan’s Finance Minister Shunichi Kato said on Tuesday that interest rates reflect various factors, but the market sees rising rates as reflecting concerns about state…
The Australian Dollar strengthens as the US Dollar attracts sellers due to rising US economic concerns. However, the AUD may lose its ground as the…
Federal Reserve (Fed) Board of Governors member Dr. Lisa Cook noted on Friday during a hosted event at New York University that while US economic…
USD/CAD drifts lower for the third straight day amid a combination of negative factors. Rising Crude Oil prices and reduced bets for a June BoC…
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt…
WTI trades lower near $61.20 on Thursday, pressured by rising US stockpiles and renewed hopes for an Iran deal. Price finds interim support at $60.00…
Gold fails to benefit from softer USD as markets eye upcoming US PPI and Retail Sales for inflation clues. Risk appetite improves on US trade…