Tag - wti - west texas intermediate

June 8: limited optimism
June 8: limited optimism

The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.

June 3: AUD winning, USD losing
June 3: AUD winning, USD losing

As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.

Weekly Market Outlook: June 1-5
Weekly Market Outlook: June 1-5

The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.

May 28: Risk is returning
May 28: Risk is returning

The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.

May 26: S&P 500 passed 3000
May 26: S&P 500 passed 3000

The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.

May 25: tensions
May 25: tensions

The US-China relations become more tensed pushing the USD gain value against the rest of the currencies; JPY loses, gold and oil indecisive.

May 18: WTI oil is above $30
May 18: WTI oil is above $30

The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.

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