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Tag: oil market

WTI Oil Technical: Approaching a key medium-term resistance, at risk of a mean reversion decline – MarketPulse

WTI crude oil has started to evolve into a short-term uptrend phase reinforced by the recent liquidity infusion by China’s central bank, PBoC...

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Market Insights Podcast – US and UK inflation eyed – MarketPulse

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart to preview the CPI releases from the US and UK and discuss the OPEC...

How Could a Broader Conflict in the Middle East Affect the Stock Market?

Geopolitical events can send shockwaves through the complex network of global financial markets, altering investor sentiment and stock prices. The Middle East is one such region that...

Brent Crude – Oil remains volatile amid economic uncertainty – MarketPulse

Economic fears mounting Concerns of wider conflict in Middle East abating Brent may have entered consolidation It’s been a volatile week in the oil market, with...

Brent Crude – Oil remains volatile amid economic uncertainty – MarketPulse

Economic fears mounting Concerns of wider conflict in Middle East abating Brent may have entered consolidation It’s been a volatile week in the oil market, with...

Global growth concerns send Commodity Currencies lower despite surge in oil and prices – MarketPulse

Dollar remains strong on safe-haven flows spurred by the Israel-Hamas war Gold volatility surges the most since March Oil prices surge on disruption concerns The Canadian...

USD/CAD: Loonie rally stalls ahead of key support; Commodities Diverge – MarketPulse

Oil rally cools and prices settle below $86 a barrel US diesel export to Europe approach highest levels since 2019 Wall Street awaits key CPI...

Podcast – US jobs report sends financial markets on a rollercoaster ride – MarketPulse

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. Today they discuss Wall Street’s reaction...

USD/JPY: JOLTS dollar pop likely triggered Japanese intervention – MarketPulse

USD/JPY fell 275 pips immediately after the JOLTS report sent price action above the 150 level Japan MOF Official: No comment on in Japan...

EUR/USD: Dethroning King Dollar will be hard – MarketPulse

The dollar was weaker and US stocks attempted to rally after the bond market selloff started to show some signs of exhaustion.  Last...

GBP/USD – BoE a coin toss after surprisingly encouraging inflation report – MarketPulse

UK CPI 6.7% in August (7.1% expected, 6.8% in July) UK Core CPI 6.2% in August (6.8% expected, 6.9% in July) GBPUSD sees strong support...

EUR/CAD: Loonie rallies after hot inflation report make next BOC meeting a coin flip – MarketPulse

BOC’s three-month moving average surged by a full point to 4.5% Odd’s for the October 25th BOC policy meeting jumped to 50.5% vs 25.1%...

USD/CAD: Loonie rides oil’s bullish wave – MarketPulse

US dollar weakness emerges on as inflation expectations fall to lowest levels in over two year; November Fed rate hike odds remain a...

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