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Tag: WTI

blog us dollar & pound 8 11 21
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U.S. Dollar & Pound Down, Oil & Gold Up

The new trading week opens with a weakened U.S. dollar and British Pound while inflation concerns are casting a shadow over global markets. Oil, the black gold, is on a rally while gold- the shiny metal – is also on the rise. Forex: The U.S. dollar (USD) fell on Monday
blog rising oil inflation 19 10 21
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Rising Oil, Inflation, Bitcoin & More in this Week’s Trading Mix

The new trading week starts with oil prices reaching multi-year highs, inflation surging, Bitcoin trading around $62,000, and global economies having to deal with the ramifications of the increasing prices. US Dollar The U.S. dollar has had an unsteady start for the week. At the time of writing, the New
blog nfp below expectations 11 10 21
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NFP Below Expectations, Oil & Bitcoin on the Rise

The new trading week starts in the wake of a weak NFP figure, Bitcoin rising to a level it last reached in May, Asian stocks rising, US stocks falling and oil trading above $80 per barrel for the first time since 2014. NFP The September payrolls report for the U.S.
blog interest rates & forex 20 9 21
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Interest Rates & Forex, Oil & Metals & Crypto Market News

Investors seem to have been encouraged by last week’s rise in US retail sales despite the spread of the coronavirus Delta variant and China’s housing crisis. US Treasuries and the US dollar rose. This week, traders will likely focus on the Fed Chairman’s speech on Friday for clues as to
blog oil drops to 19.7.21
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Oil Drops to $70 and BTC below 31K

Today, a new trading week starts with a few releases and economic events. However, over the weekend there have been some noteworthy developments in the global markets. On Friday, the S&P 500 and Nasdaq were down 0.8%, the Euro Stoxx 50 also experienced declines and was down 0.6% on Friday.
Moderna to enter the S&p 500
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Oil Maintains Losses, Moderna to Enter the S&P 500

Today marks the end of a trading week with fluctuation in indices, metals, and forex, but the biggest loser of the week has been oil. The black gold has continued its losing streak for the third consecutive day, reaching March 2021 levels. According to Reuters, the main reason for this