Crude oil prices may continue to push higher ahead of OPEC’s JMMC meeting, on the back of futures curve backwardation, vaccination progress and a notable decline in global cases of Covid-19.
Archiv für den Monat: Januar 2021
AUD/USD Rate Outlook Hinges on February 2021 RBA Rate Decision
The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in AUD/USD if the central bank retains the current course for monetary policy.
COVID-19: Looking at vaccines & variants
What you need to know
The basic playbook for the COVID-19 recovery is that the vaccine will work. However, one aspect you may have in the back of your mind is how effective will the vaccine be against the COVID-19 variants? In this article I will outline the variants and some of the key issues that
The basic playbook for the COVID-19 recovery is that the vaccine will work. However, one aspect you may have in the back of your mind is how effective will the vaccine be against the COVID-19 variants? In this article I will outline the variants and some of the key issues that
Forexlive America FX news wrap: The GBP ends the month as the strongest of the majors
The forex news for North American trading on January 29, 2021
It was a relatively quiet day for the meme stocks, after yesterday’s volatile price action following the restrictions on trading by RobinHood and others. The relative calm in the meme stocks, did not stop the major US indices from moving sharply to the downside and
It was a relatively quiet day for the meme stocks, after yesterday’s volatile price action following the restrictions on trading by RobinHood and others. The relative calm in the meme stocks, did not stop the major US indices from moving sharply to the downside and
Fed’s Kaplan: More fiscal aid will create positive upside to forecast
Dallas Fed Pres. Kaplan participating in a virtual event
Kaplan is a nonvoting member on the FOMC board in 2021
Kaplan is a nonvoting member on the FOMC board in 2021
Major indices close down -2% on the day
Dow industrial average down -2.03%.
the final numbers are showing:
the final numbers are showing:
CFTC Commitments of Traders: Dollar remains short across the board
Weekly forex futures positioning data from the CFTC for the week ending Tuesday, January 26
– EUR long 163K vs 163K long last week. Unchanged
– GBP long 8K vs 14K long last week. Longs trimmed by 6K
– EUR long 163K vs 163K long last week. Unchanged
– GBP long 8K vs 14K long last week. Longs trimmed by 6K