Oil whipsawed on supply glut
It appears oil could not defy gravity for long. A four-day rally which pushed crude prices to their highest levels this year collapsed...
Improved market sentiment
With the euro rallying, the dollar has come under some corrective pressure and this is helping to drag Cable higher. The trading day...
Aussie Drops to Record Fresh Lows as RBA Cuts Benchmark Rate
The Reserve Bank of Australia decided yesterday to cut the cash rate from 2.50% to 2.25%. The 25 basis points reduction was a surprise...
GBP/USD: finding support in rallying oil
The GBP/USD pair temporarily dipped below the 1.5000 figure this Tuesday, down to 1.4987, drove by gravity rather than any fundamental...
Euro dollar Rallies
EUR/USD broke decisively above 1.1400 and climbed to its highest level in almost 2 weeks, as the shared currency picked up momentum...
