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Dollar falls to 10-day low as rally pauses; riskier currencies rebound

• 14 October, 2021
• 1:35 pm EEST

The dollar edged down against major peers on Thursday, reaching its lowest level in 10 days in a pullback from its recent rally, while the Australian and New Zealand dollars rose. Expectations that the U.S. Federal Reserve would tighten monetary…

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European Forex news roundup: The dollar is weakening as the US CPI and FOMC minutes are released.

• 13 October, 2021
• 3:55 pm EEST

European Forex news roundup: The dollar is weakening as the US CPI and FOMC minutes are released. Forex market news from the European trade session on October 13, 2021   For the most part, it was a quiet session as…

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OPEC cuts its forecast for global oil demand growth this year Estimates of the oil supply from outside the country are declining

• 13 October, 2021
• 3:30 pm EEST

The Organization of the Petroleum Exporting Countries has lowered its forecast for the growth of global demand for oil this year, as well as the expectations of oil supply from outside it. According to the organization's monthly report - issued…

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OPEC oil production rose 486,000 barrels per day in September The total exceeds 27 million barrels per day

• 13 October, 2021
• 3:06 pm EEST

OPEC oil production rose by 0.5 million barrels per day during the past month, as the increase came with the rise in supplies in 3 countries. The monthly report of the Organization of Petroleum Exporting Countries, issued today, Wednesday, showed…

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Iraqi Oil Minister: $85 a barrel is a balanced price for producers and consumers

• 13 October, 2021
• 2:50 pm EEST

Iraqi Oil Minister Ihsan Abdul-Jabbar said that oil prices should stabilize around current levels, reflecting the market balance. Iraq is counting on the price of oil to reduce the budget deficit, as next year's budget is expected to witness an…

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