Crude Oil Price Under the Pump Despite US Dollar Sliding. Fresh lows for WTI?

The crude oil price is back to levels not seen since before the Russian invasion of Ukraine as inventory increases and hopes of added production ease supply woes.

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Gold Prices Surge Ahead of Non-Farm Payrolls as XAU/USD Clears Key Trendline

Gold prices soared in the best single-day gain in almost 4 months. Markets may be pre-positioning themselves for non-farm payrolls data. But, a larger threat is looming down the road.

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EUR/USD Stages Another Run at Former Support Zone Ahead of NFP Report

EUR/USD appears to be staging another attempt to test the former support zone around the May low (1.0349) as it retraces the decline from earlier this week.

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AUD/USD Prices Hinge on RBA Statement as APAC Traders Brace for US Jobs Report

The Australian Dollar rose against a broadly weaker US Dollar. AUD volatility may rise on the RBA’s Statement on Monetary Policy. Meanwhile, traders are preparing for the US jobs report due out ton…

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Oil Prices Eyes February Low Following Upward Adjustment in OPEC Output

The price of oil appears to be on track to test the February low ($86.55) as it clears the July low ($90.56) following the OPEC Ministerial Meeting from earlier this week.

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