Crude oil prices made solid gains going into Friday after some sound economic numbers and a softening US Dollar with the focal point turning toward the OPEC+ meeting. Will WTI gap again?
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Crude oil prices made solid gains going into Friday after some sound economic numbers and a softening US Dollar with the focal point turning toward the OPEC+ meeting. Will WTI gap again?
from DailyFX – Market News https://bit.ly/3qlj5CP
via IFTTT
Gold prices are eyeing the best week since the beginning of April after shockingly disappointing US ISM prices paid data brought back Fed rate cut bets. Is the technical setup matching momentum?
from DailyFX – Market News https://bit.ly/43k4EgE
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EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its correction as USD/CAD carves out a bearish double-top formation.
from DailyFX – Market News https://bit.ly/3MLNOAj
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Consensus around Friday’s NFP report has payroll growth to decline to 190K in May, while markets grapple with recent leading indicator data.
from DailyFX – Market News https://bit.ly/42gMyuU
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Comments by prominent Fed members cause a wild swing in future rate expectations, sending the dollar lower. Silver appears to be trading higher off key support
from DailyFX – Market News https://bit.ly/3WMHSfd
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