The weak dollar was caused by a range of factors that led to the dollar losing its momentum. The start of the trading week was quiet as most of the major players contained to … [Read more...]
In anticipation of markets tightening in 2017, the oil prices are rising
The oil price, on Monday, increased because of the anticipation of a tighter supply of crude in 2017 following the Organization of the Petroleum Exporting Countries (OPEC) and … [Read more...]
With the Fed rate increase priced in, the markets are looking to 2017 for hints
The Federal Reserve (Fed) is starting its two-day meeting on monetary policy for a rate increase on Tuesday, and the markets are completely priced with a 25 basis point … [Read more...]
The Top 5 Things to Know About The Financial Markets on Tuesday
These are the top five things about the financial markets that you should know on Tuesday, December 6: 1. Drop in oil prices as OPEC output reaches a record high Oil … [Read more...]
The Reason Why the USD/JPY Broke 105
Thursday’s big story on the foreign-exchange market was the USD/JPY, which broke up 105. The past five trading days showed that the USD/JPY had been gaining higher quietly. … [Read more...]
Russia is still on board, while oil talks are taking off between the OPEC and non-OPEC nations
On Saturday, the meeting between officials from Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producing countries was held and aimed at building … [Read more...]