USD/CNH is expected to trade in a sideways range of 7.1750/7.1880 – UOB Group
[ad_1] Momentum indicators are turning flat; US Dollar (USD) is expected to trade in a sideways range of 7.1750/7.1880. In…
Category: Forex News
OPEC predicts tight Oil market – Commerzbank
[ad_1] In its monthly report, OPEC has slightly raised its forecast for Oil demand next year, Commerzbank’s commodity analyst Carsten…
US EIA expects an oversupply, lower oil prices, and falling US oil production – Commerzbank
[ad_1] The US Energy Information Administration (EIA), in contrast, has significantly revised its estimate of the supply surplus on the…
The IEA forecasts suggest a massive oversupply next year – Commerzbank
[ad_1] The International Energy Agency has left its forecast for Oil demand virtually unchanged and continues to expect increases of…
Chile revises Copper production forecast downward – Commerzbank
[ad_1] Chile’s state-owned Copper producer estimates production losses at its El Teniente mine due to the tunnel collapse and the…
Retail Sales increase 0.5% in July as anticipated
[ad_1] Retail Sales in the United States (US) increased by 0.5% on a monthly basis in July to $726.3 billion,…
GBP/JPY retreats to 199.50 as strong Japan GDP boosts Yen demand
[ad_1] GBP/JPY slips toward 199.50 after failing to sustain gains above 200.00, as strong Japan GDP revives Yen demand. Japan’s…
Unlocking alternative investments for your retirement
[ad_1] When we think of an Individual Retirement Account (IRA), we often imagine a classic retirement savings plan offered by…
EUR/USD rebounds as mixed US data weighs on Fed rate cut outlook
[ad_1] EUR/USD rebounds toward 1.1700 as mixed US data weighs on the Greenback and trims Fed rate cut bets. July…
Don’t need to hold rates for ever
[ad_1] In a CNBC interview, Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said rates do not need…