By FXStreet Crude oil prices soared to fresh 2016 highs, boosted by news indicating that Russia and Saudi Arabia have agreed to freeze output ahead of the Doha
By FXStreet AUD/USD broke above previous highs and climbed to 0.7688, hitting the strongest level since April 1. The pair remains near the highs holding a bullish tone
By FXStreet EUR/GBP is currently trading at 0.7984 with a high of 0.8029 and low of 0.7960. Since the EUR/GBP sell-off below the 0.80 handle and subsequent support
By FXStreet The Federal Reserve released the discount rate minutes, which showed two of the 12 regional banks sought a 25 bps hike. The regional Fed banks of
By FXStreet Analysts from Lloyds Bank explained that despite today’s increase in inflation in the United Kingdom, the gradient of the inflation uptrend is still likely to remain
By FXStreet Shaun Osborne Chief FX Strategist at Scotiabank explained that cable finished yesterday’s session relatively firmly and has extended the run higher again. Key Quotes: “Cable has
By FXStreet China’s consumer price inflation rose less than expected in March, flattening out after a four-month strengthening trend. Key Quotes: “…but wholesale prices remained stubbornly in deflation.”
By FXStreet GBP/USD has bounced back to the 1.4250 area after briefly dipping below the 1.42 mark and hitting fresh daily lows. The greenback recovered ground versus European
By FXStreet Eric Theoret, CFA, CMT FX Strategist at Scotiabank bank explained that the JPY is soft and underperforming all of the G10 currencies in an environment of
By FXStreet Oil prices rallied during the New York session, with WTI advancing more than 3%, amid news Saudi Arabia and Russia have reached a consensus to freeze