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Forex
WTI climbs as Trump orders blockade of sanctioned Venezuelan oil tankers
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Wednesday. The WTI price climbs amid rising volatility around…
US President Donald Trump orders total blockade of sanctioned Venezuelan oil tankers
US President Donald Trump ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, Reuters reported late Tuesday."For the theft of our Assets, and many…
Pound Sterling gains ground above 1.3400 on UK PMI optimism
The GBP/USD pair gains momentum to around 1.3425 during the early Asian session on Wednesday. The Pound Sterling (GBP) edges higher against the Greenback on the upbeat UK…
Japanese Yen strengthens as BoJ rate hike speculation grows
The USD/JPY pair attracts some sellers near 154.80 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid growing…
US President Trump to interview Fed’s Waller for top Fed job – WSJ
The US President Donald Trump is set to interview Fed Governor Christopher Waller on Wednesday, for the top Fed job, according to people familiar to that matter, revealed the Wall…
Gold eases below $4,300 as traders unwind post-NFP gains
Gold (XAU/USD) reverses its course on Tuesday after traders digested the latest US jobs report, which highlighted the labor market weakness and pushed the yellow metal towards a…
Fed’s Bostic warns inflation fight isn’t over, urges caution on rates
On Tuesday, the Atlanta Fed President Raphael Bostic released a blog post called FOMC’s credibility on inflation could be at stake, at the Atlanta Fed website.Atlanta Fed President…
Soft US data maintains US Dollar under pressure
Here is what you need to know on Wednesday, December 17:The US Dollar Index (DXY) tumbled below 98.00 on Tuesday, reaching its lowest level since the beginning of October. The…
USD/JPY dips as Yen gains on BoJ hike bets, US jobs data disappoints
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Tuesday as the Greenback remains on the back foot following the release of the delayed October and November…
GBP/USD erupts as soft US jobs data crush the Dollar
Pound Sterling outperforms on key UK data, US NFP eyedThe Pound Sterling (GBP) extend its intraday upside move against its major currency peers on Tuesday, following the release of…