Forex

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Loonie Falls Ahead Of Canada GDP Data

At 8:30 am ET Friday, Canada GDP data for April and industrial product price index for May are due. Ahead of these data, the loonie dropped against its major rivals. The loonie was worth 1.5446…



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Crude Oil Up 21% Year-to-date, $90 In View

Crude oil futures were steady Friday morning, clinging to strong recent gains that took prices to the highest since 2014. WTI light sweet oil was flat at $73.44 a barrel this morning, having surged up…




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Gold Nudges Higher After Recent Drubbing

Gold futures steadied Friday morning after a last-minute deal on immigration may have saved Angela Merkel’s government in Germany. Meanwhile, Eurozone inflation rose to 2 percent in June, in line with forecast, and up from…



US Consumer Prices Hit 2% Fed Inflation Target

U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve’s 2 percent target for the first time in six years. Consumer prices as measured by the…


Analysis of NZDCAD 29.06.2018

Analysis of NZDCAD 29.06.2018 New Zealand Dollar/Canadian Dollar FX:NZDCAD Kate_111 The price is below the moving average 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force…


Brent: supply concerns drive prices higher

Brent: supply concerns drive prices higher BRENT CRUDE OIL TVC:UKOIL HelenRush Brent crude has been testing the $78 level once again as the lingering global supply concerns continue to fuel oil             demand this week….