Crude oil prices are bracing for significant volatility, largely due to the actions—or inactions—of OPEC. While production cuts have offered some support, the outlook remains more tilted toward downside risks. If OPEC decides to tweak its current...
The pair gained momentum on Friday, building on the previous day's recovery from the 1.1000 psychological mark, which had represented a nearly six-week low. The currency pair attracted follow-through buyers for the second consecutive day, pushing...
The pair witnessed slight gains during Friday’s New York session, holding just below the critical resistance level of 1.3591. Despite Thursday's weak recovery, the Loonie (Canadian Dollar) benefitted from a sharp rise in the US Dollar (USD). The US...
The USD/JPY pair experienced a sharp retreat from the 149.00 level, tumbling below the 142.00 mark as US Treasury bond yields declined. This downward movement extended the US Dollar's (USD) losses, reflected in the US Dollar Index (DXY), which...
The spot price extended its two-day losing streak on Friday, reaching a fresh intraday low below 1.3070 against the DXY during the North American session. This decline came as the US Dollar gained significant ground following the release of the...