News

Oil prices are down 1% .. and US crude is below $ 69

• 13 August, 2021
• 2:11 pm EEST

After the Energy Agency's warnings about demand : Oil prices fell by about 1% during trading on Friday, after warnings from the International Energy Agency about slowing global demand growth for oil. A report on oil rig activity in the…

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The AUD/USD pair has lost all of its weekly gains.

• 13 August, 2021
• 1:40 pm EEST

The AUD/USD pair headed south after a two-day rally, wiping out its weekly gains. Due to a lack of fundamental drivers and high-tier data releases on Friday, the pair is trading in an exceptionally tight range. The AUD/USD currency pair…

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Both the AUDUSD and the NZDUSD break below the 100 hour MA and continue to fall.

• 12 August, 2021
• 5:33 pm EEST

AUDUSD and NZDUSD break below the 100 hour MA and continue to fall. Dollar buying as yields rise. Both the AUDUSD and the NZDUSD have broken below their 100-hour moving averages and are trending downward. Yields in the United States…

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America’s FX news roundup: The dollar cools when the CPI flattens.

• 12 August, 2021
• 2:03 pm EEST

America's FX news roundup: The dollar cools when the CPI flattens. On August 11, 2021, the following forex news will be available for North American traders: The primary event was the CPI report, which was informative. The data were broadly…

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IEA cuts oil demand outlook amid spread of COVID-19 Delta variant

• 12 August, 2021
• 11:35 am EEST

The International Energy Agency (IEA) slashed its forecast for global oil demand for the rest of this year due to the spread of the COVID-19 Delta variant. Key points: New COVID-19 restrictions, particularly in Asia, set to reduce oil usage. Recovery in…

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