The US Dollar may hold up and even make progress upward despite building Fed rate cut bets as the severity of risk aversion boosts the appeal of its unrivaled liquidity.
Oil price outlook for next week largely hinges on high-impact economic data and trade war rhetoric which look to set the tone for risk appetite and oil demand.
The Brexit negotiations may continue to drag on GBP/USD as Prime Minister Theresa May struggles to secure a deal.
One word perfectly sums up the events of this week. Disappointing. For some it began with the uninspiring conclusion of Game of Thrones, long-term stock investors grimaced at the lack of progress with the US-China trade war, and FX traders Read More
Barbara Doran of BD8 Capital Partners and CNBC's Hadley Gamble join "Closing Bell" to discuss the state of the oil market following its worst week of the year.
Oil prices were steady on Friday ahead of long U.S. and UK holiday weekends, but were on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown. Brent crude rose 12 Read More
OANDA Senior Market Analyst Alfonso Esparza previews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. Theresa May resignation as UK PM, the EU elections and China not backing down on US-China Trade War. Oil Read More
Stocks opened higher on Friday after President Donald Trump said the ongoing trade war could be over quickly, but equities were still on pace to close lower for the week. The Dow Jones Industrial Average rose 150 points while the Read More
This was a pivotal week for the markets as stock markets around the world declined sharply. At the same time, the yield on the US treasuries declined to their lowest level this year while crude oil had the sharpest decline. Read More
It was a busy week in the US Dollar, and both EURUSD and GBPUSD remain vulnerable to volatility over the weekend. USDCAD may see volatility pick up around BoC.