The price of WTI crude oil futures settled above $80 at $80.18 the price last close above that level on December 30. The price has seen additional momentum after the settlement and is currently trading at $80.86. The earlier high for the day reached $81.23 before rotating back down to a afternoon low of $79.25
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I don’t know if there’s a special catalyst for the latest round of US dollar selling, which isn’t large but it’s noticible. There’s the latest story out about breaking up banks but that’s more of a distant threat than something for markets to price in. More relevant are today’s weak Empire survey and worries about
Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC‘s share to the lowest in more than a decade, data obtained from industry sources show. Refiners in India, the world’s third-biggest oil consumer and importer, have been gorging on Russian oil sold at a discount
European majors are trading generally higher today, with help from strong improvement in Germany economic sentiment as well as solid UK job data. Commodity currencies are turning softer, with Canadian Dollar shrugging off CPI data. Dollar is mixed despite sharp decline in New York State manufacturing data. Yen is so far the weakest for today,
In this article UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines‘ fourth-quarter profit and outlook
Tom Barkin, the president and CEO of the Federal Reserve Bank of Richmond, is crossing the wires. Key comments My hope is that we have passed the peak of inflation. The median CPI is still too high for what I want to see. Cannot declare victory over inflation too soon. Doesn’t favour backing off too soon,
Besides wBTC, Stacks and Rootstock, BadgerDAO, RenVM and Liquid Network promote various use cases of Bitcoin DeFi. BadgerDAO A decentralized autonomous organization (DAO) called BadgerDAO makes it possible for BTC to be utilized as collateral across various DApps. The BadgerDAO uses the Ethereum-based token BADGER for protocol governance and incentive distribution. Users can earn income
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Course + Private Group ?? https://linktr.ee/stradaforex In this video I explain the correct way to trade ICT concepts with an easy ICT trading strategy that requires no daily bias and purely looking at the same time frame. Instagram: https://instagram.com/stradaforex Join Free Group – https://t.me/+JN_jU-hL4AljN2E0 Join Free Discord group – https://discord.gg/YKkBHdMEza Usually when people trade ICT
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Waiting on the BOJ? That seems to be the case for broader markets as well with there being little in it in the new week so far. The yen remains on the softer side on positioning play, as traders are guarded on the possibility of Kuroda & co. disappointing tomorrow. I highlighted the risks of
Gold prices edged lower on Tuesday as the US dollar gained, but the losses were capped on the hopes of slower rate hikes by the Federal Reserve. Gold futures were down 0.07% at Rs 56,442 per 10 grams on In global markets, spot gold was down 0.4% at $1,910.48 per ounce. The dollar index gained
Markets are generally stuck in tight range in Asian session today, with better than expected data from China providing no inspirations. Dollar is staying in consolidations in tight range, with no sign of a sustainably rebound yet. Similarly, Yen is in retreat in rather shallow manner. Volatility might start to jump with UK employment and
European Central Bank (ECB) board member and Bank of Portugal Governor Mario Centeno said on Tuesday, “the fourth quarter growth in Europe will be most likely still positive.” Additional quotes “Economy has been surprising us quarter after quarter.” “Maybe we’ll also be surprised in the first half of this year.” “There are no signs of
In our previous video – A happy new year (2023) with this Bitcoin analysis from ForexLive.com – when BTC was at $16700, I called Bitcoin’s upcoming rise and now we are over 27% above that in less than 2 weeks, a staggering rise. Now BTC is dancing around $21,000 and I lay out a triple
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States slows the pace of rate hikes and eventually stops increasing them, according to industry analysts. Spot prices of the precious metal have shot above $1,900 an ounce, surging by about 18%