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Tag: oil prices

USD/CAD Weekly Forecast: Dollar Resilient Ahead of US NFP

There was a bigger-than-expected build in crude inventories last week. GDP data from Canada showed a bigger-than-expected expansion in the fourth quarter. Market participants will watch...

Nigeria Restricts Access to Coinbase, Binance, and Kraken Amidst Naira’s Record Low

Nigeria Restricts Access to Coinbase, Binance, and Kraken Amidst Naira's Record Low In recent news, Nigeria has taken the decision to restrict access to popular...

NY Court Fines Trump $355M in Fraud Case, Business Operations Under Threat

Introduction On February 16, 2024, Justice Arthur Engoron of the New York County Supreme Court issued a sweeping decision and order holding former President Donald...

Brent crude tiptoes toward $80 a barrel as Middle East worries lift oil prices

Oil futures rose early Thursday, with Brent crude edging back up toward the $80-a-barrel threshold after Israel rejected a Hamas offer for a cease-fire...

EUR/USD Forecast: Dollar Retreats Following Two-Day Rally

The dollar weakened after a two-day rally as investors took profits.  The recent rally in the dollar started when the US released upbeat employment data. Traders...

USD/CAD Outlook: Middle East Tensions Lift Oil Price, Loonie

The Canadian dollar benefited from higher oil prices. USD/CAD recorded a weekly rise due to the Bank of Canada’s recent shift in guidance The Fed will...

Jan 28: Health Insurance companies won’t cover war, Warren Buffett hits record, Stocks Surge (Recap Ep263) – Investing & Day Trading Education: Day Trading...

In this week’s recap, global markets experienced mostly positive trends across the board. In 2024, health insurance policies were updated to include new exclusions...

Forexlive Americas FX news wrap: PCE core inflation dips below 3% | Forexlive

Markets:CAD leads, JPY lagsS&P 500 down 0.1%US 10-year yields up 1.5 bps to 4.15%Gold down $1 to $2018WTI crude oil up $0.81 to $78.17The...

USD/CAD Weekly Forecast: Surging Oil Supports Canadian Dollar

Inflation in Canada came in higher than expected, dashing hopes for early rate cuts by the BoC. The US economy remained resilient, with robust retail...

USD/CAD Price Analysis: Soaring Oil Pours Water on the Rally

Oil prices increased, driven by geopolitical tensions and disruptions in US oil output. The US dollar extended its recent gains due to positive US labor...

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