USD/JPY traders high amid the US inflation expectations and the China evergrande favorable updates helping in the US dollar strength by improving market mood. The US Consumer Price Index (CPI) made a jump to a three-decade high of 6.2% YoY thus encouraged Fed rate hike expectations. The views on the monetary policies led to rise [...]
Crude oil is a naturally occurring fossil fuel product which is composed of hydrocarbon deposits and other organic materials and is distilled to produce other usable products including gasoline, diesel, and various other forms of petrochemicals. Know about crude oil: Crude oil is usually obtained through drilling, where it is normally found alongside other resources, [...]
Euro is printing mild losses by heading into European session today. This move is backed with the US dollar rebound by the tracking the US Treasury yields amid cautious market sentiment ahead of the US Consumer Price Index (CPI) data. Amidst the inflation woes in the market, worries emanating from China further add the risk [...]
GBP/USD is consolidating the recent recovery rally from two-month lows of 1.3424 as buyers started showing interest. A broadly weaker US dollar is the major reason for the buyer’s confidence. However, A lack of progress on the Brexit front along with that the impending threat of the UK triggering Article 16 keeps the pound under [...]
