Increase in Saudi Arabia’s Oil production doesn’t lead to higher export supply – Commerzbank
[ad_1] Saudi Arabia exported less Crude Oil in June despite a significant increase in Oil production, according to data from…
Category: Forex News
Strong increase in Swiss Gold exports to the US – Commerzbank
[ad_1] Switzerland exported larger quantities of Gold to the US again in July, according to foreign trade data from the…
Copper mines are unable to keep up with refined Copper production – Commerzbank
[ad_1] According to figures published this week by the International Copper Study Group, mine production rose by 2.7% in the…
AUD/USD rises toward 0.6500 as USD weakens on dovish Powell tone
[ad_1] AUD/USD gathers bullish momentum in the American session on Friday. Fed Chair Powell acknowledged increasing downside risks to the…
Silver rises further as Powell’s remarks fuel Fed rate cut optimism
[ad_1] Silver extends gains for the third consecutive day, trading around $38.70, up 1.2% on Friday. Fed Chair Powell’s Jackson…
GBP/USD jumps past 1.3500 as Powell leans dovish
[ad_1] GBP/USD rallies near 1.3500 as Fed Chair Jerome Powell hints at renewed easing cycle during Jackson Hole speech. Powell:…
EUR/USD jumps above 1.1700 on Powell’s dovish words
[ad_1] Dovish Federal Reserve Chair Powell’s words put the US Dollar in sell-off mode. Wall Street rallies on fresh hopes…
USD/JPY retreats as Powell’s remarks fuel September rate cut bets
[ad_1] USD/JPY drops nearly 1% to 146.66 as traders react to Powell’s Jackson Hole remarks, retreating from an intraday high…
USD/CAD slides as Powell turns dovish, Canadian Retail Sales upbeat
[ad_1] USD/CAD drops 0.49% to 1.3835 after Powell’s dovish Jackson Hole speech and upbeat Canadian Retail Sales. Powell: “Risks to…
New Zealand Dollar rebounds from four-month low as Powell’s remarks weaken US Dollar
[ad_1] NZD/USD is up nearly 0.85% on Friday after briefly touching 0.5800, its lowest level since April 11. Powell balanced…