The market moved fairly sideways for the most part, with the exception of a brief snag with the global Internet after Fastly's CDN fell into some troubles. As the situation resolved, equities fell marginally, but soon recovered as the crisis…
Continue ReadingIn light of major headlines, the session was uneventful, but the dollar was active, as it found a buy early on and maintained gains throughout the morning in Europe. Markets: USD leads, CHF lags on the day European equities higher;…
Continue ReadingInvestors welcomed the latest indication of a durable recovery in global economies, and rising oil prices buoyed energy equities, sending stock indexes near record highs on Wednesday. However, traders were less upbeat than on Tuesday as they awaited critical U.S.…
Continue ReadingThe dollar is trading higher on the day as it gains traction across the board. EUR/USD pair is going below 1.2200 to 1.2180 and GBP/USD sliding to 1.4125. The changes are in line with the latest interplay in the major…
Continue ReadingBefore the end of the session, oil continued to keep higher, up 2.8% at around $68.20. Let's review the production quota commitment figures for the current agreement before holding today's meetings: Let's start with the 13 OPEC member countries; I…
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