By FXStreet The AUD/USD pair approached the 0.7100 level at the beginning of the day, pressured by poor Australian inflation data. The Melbourne Institute monthly inflation gauge fell
By FXStreet Crude oil prices advanced on Monday, supported by news that Saudi Arabia pledged to work with other crude producers to limit market volatility. Brent futures were
By FXStreet The American dollar fell against most of its major rivals, main exception made by the euro, as investors struggled to stay positive following disappointing US data.
By FXStreet Gold recovered its shine, with spot erasing all of its Friday’s losses and advancing up to a daily high of $1,235.87 a troy ounce. The decline
By FXStreet USD/JPY lost around 100 pips from its Friday’s close, as the G20 meeting that took place in Shanghai during the weekend, failed to boost market sentiment.
By FXStreet The GBP/CAD cross was led by pound’s movements, recovering some ground as the UK currency corrected higher. The loonie on the other hand, strengthened briefly tracking
By FXStreet GBP/USD managed to reverse intraday losses and turned positive during the New York session as the greenback weakened versus most competitors. Disappointing Chicago PMI and pending
By FXStreet USD/CHF completed a round trip to above the parity level as the dollar weakened versus the franc following disappointing Chicago PMI and pending home sales data.
By FXStreet EUR/USD has continued to edge lower during the American session despite a string of disappointing US data, as the euro underperforms across the board. Weak Eurozone
By FXStreet The barrel of West Texas Intermediate is returning to the $33.00 neighbourhood after the bull run lost momentum near $33.50. WTI firmer on comments by Saudi