Saudi Aramco site was hit by missiles on Sunday - no damage to oil supply was taken, but investor fear drove the price into the upside. Time to trade the cooling off then!
Tag - usd
As the biggest oil refinery in the world got attacked recently in Saudi Arabia, oil soared to almost $70. Other than that, a regular weak ahead, with CAD and EUR seeing their respective rates and monetary reports out. A couple of stocks are down, by the way - we'll talk about that and how to gain on that, too!
March's NFP is coming. Does it bring strength for the USD?
Wow! There are so many events happening right now in the Forex market. Jump in to know!
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
Fed Chair Jerome Powell will testify today at 19:05 MT time. This event is crucial for traders as the tone of the speech may set the risk tone for the markets for the next two weeks.
S&P made a significant dip down while the WTI oil price moves upward this Thursday; we are expecting news from the OPEC+ about the oil supply increase. Will it go higher or lower than expected? That'll eventually drive the oil price in either direction - prepare your levels.
Non-farm payrolls, the most awaited economic report, will be out on March 5 at 15:30 MT time.
This currency pair is now between the two MAs at the key resistance level - will it break it?
Australian GDP rose by 3.1%, exceeding analysts’ forecasts of 2.5%. The Australian dollar climbed after the release, but then joined its peers in falling against the USD.
On Tuesday, the USD advanced against the so-called “safe-haven” currencies: the Swiss franc and the Japanese yen