What does the data mean to the market?
The data indicates the number of crude oil barrels held by commercial firms in the US; this inventory is taken weekly and indicates increases or decreases needed in supply, affecting the price. A Positive number is bad for the oil price. Other oil data is...
Forex News Feed - Dollar On-Track to Snap 4-Week Winning Streak as EUR/USD Gains
The dollar fell closely its rivals approaching Friday as traders appeared to have the same opinion on profit in gloss to its recent rally, though gains in the euro limited upside press minister to on.
The U.S...
The pair continued to trade within a tight range and consolidate for another week. The USDCAD pair didn't have much to benefit on the summit of the course of last week and it marked the second week of ranging and consolidation that we have seen in this pair. The pair had inconsistent the length...
USDJPY pauses for breath near session highs
A good session in Asia for the pair as N Korean concerns recede 15 Aug
A few offers/resistance expected around 110.30 and 110.50 with larger into 110.80 are the next obstacles to clear if we are to progress further, but that will depend on how NK...