Weekly Market Review

Weekly Market Review September 26

Crude prices recouped on Monday in the wake of suggestions given by the Algerian Energy Minister for a probable cut in oil output or a freeze this week which could materialize during the meeting of OPEC producers. Oil prices tumbled by a significant 4 % on Friday due to the little progress made by Saudi […]

Weekly Market Review September 19

The main event to watch out for this week is the Federal Reserve interest rate decision expected on September 21. Anticipations revolving around this data release have been growing since the past two months, which has also resulted in a much volatile market. Many of the major currency pairs will be subject to important changes […]

Weekly Market Review September 12

Possibilities that the Federal Reserve might raise policy rates soon, have had quite an important impact on the US dollar. Starting this week on a feeble note, the US dollar was saved from additional losses due to dovish expectations on hike in rates. Currencies such as the Euro gained by 0.1 percent against the US […]

Weekly Market Review September 05

All U.S. based assets including stocks and indices will be unavailable for trading today due to Labor Day celebrations in the United-States. Following this, all U.S. exchanges and trading floors are expected to remain closed for the entire day. Traders are advised to keep in mind that commodities such as OIL, Gold, Gold/EUR and Silver […]

Weekly Market Review August 29

Another speech by Fed chairperson Janet Yellen is expected today at 13:30 GMT and this may further boost the US dollar. The greenback is currently down by merely 0.02 percent as seen on the U.S. dollar index earlier today but has been able to exert quite much pressure on other major currencies. Following the speech […]