WTI OIL Outlook: Oil Price On Track For Strong Bullish Weekly Close Following Rally On Unexpected Fall In US Crude Stocks
WTI oil maintains firm tone and consolidating under new one-month high at $56.49, posted on Thursday after three-day rally, which resulted in 4.7% rise. Oil prices were boosted by surprise decline in US oil inventories, as well as optimism about...
USD/JPY The Bias Remains Bullish
Pivot (invalidation): 108.50 Our preference Long positions above 108.50 with targets at 108.75 & 108.85 in extension. Alternative scenario Below 108.50 look for further downside with 108.40 & 108.30 as targets. – advertisement – Comment Technically the RSI is above...
Currencies: Euro Eases (Albeit Modestly) On Soft EMU PMI
Rates: PMI’s and ECB left no significant traces on bondsYesterday’s PMI’s didn’t really convince, notably in Germany, but were quickly categorized by markets. Draghi’s last (pro forma) meeting didn’t really impact bond trading in a lasting way either. Core bonds...
Dollar Still Lacks Committed Buying as Markets Stay in Consolidation Mode
Consolidations continue generally in the forex markets today, with the exception of notable strength in Canadian Dollar. The Loonie is so far the strongest one follow the week as helped by rebound in oil price. Dollar is currently following as...
ECB Review – Outgoing Draghi Defended the Need to Easing Package
President Mario Draghi’s last ECB meeting came in without surprise. He sent a cautiously dovish message about Eurozone’s economy and reiterated the importance of the stimulus package announced last month. The new leadership will likely maintain the existing policy stance...
Citi names Jane Fraser president, positioning her as possible successor to CEO Michael Corbat
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup named Jane Fraser president...
Signal2forex.com - Best Forex robots and signals




