OctaFX

3 minutes ago

Forex today: Dollar rises aiming for 97 handle despite poor data

The greenback was advancing from the midpoint of the 96 handle and when on to make a high of 96.85 surrounded by an hourly bullish Ichimoku cloud form

34 minutes ago

Trump’s Fed nominee favors immediate 50 bps rate-cut

While global market players and the US Federal Reserve expect a halt in the FOMC rate-hike trajectory during 2019, the US President Donald Trump’s nom

55 minutes ago

WTI: Buyers remain present despite API stock build

WTI is taking bids around $60.00 during the early Asian session on Wednesday. The energy benchmark rose nearly 2.0% on Tuesday as geopolitics play the

1 hour ago

Argentina Trade Balance (MoM) up to $460M in February from previous $372M

1 hour ago

US Dollar Index Technical Analysis: DXY bulls en route towards 97.00

DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA). DXY 4-hour chart DXY is

1 hour ago

NZD/USD remains volatile near 0.6900, all eyes on RBNZ

NZD/USD seesaws around 0.6900 round-figure at the start of Wednesday’s Asian trading. On Tuesday, the Kiwi pair remained on a back-foot as the US Doll

2 hours ago

NZD/USD Technical Analysis: Kiwi bears looking at 0.6890 ahead of RBNZ

NZD/USD daily NZD/USD is trading in a bull trend above its main simple moving averages (SMAs). The Reserve Bank of New Zealand will release its in

2 hours ago

Wall Street in better shape and DJIA holds above the pivot on bullish correction testing 21-D SMA

Wall Street was looking in better shape on Tuesday with the energy and financial sector leading the way until housing and consumer-confidence data, as

2 hours ago

South Korea Consumer Sentiment Index above forecasts (99) in March: Actual (99.8)

2 hours ago

EUR/USD extends decline to near 1.1260

The EUR/USD pair accelerated its slide by the end of the day, now trading at fresh weekly lows in the 1.1260 area, its lowest since March 12th. The po

2 hours ago

United States API Weekly Crude Oil Stock climbed from previous -2.133M to 1.927M in March 22

2 hours ago

EUR/GBP Technical Analysis: 0.8530 key support to break for bears

EUR/GBP daily EUR/GBP is trading in a bear trend below its main simple moving averages (SMAs). EUR/GBP 4-hour chart EUR/GBP is trading below

2 hours ago

United States API Weekly Crude Oil Stock: 1.93M (March 22) vs -2.133M

2 hours ago

DXY: US Dollar is expected to slide again - Commerzbank,

Analysts at Commerzbank, believe that a top is in the process of being formed in the US Dollar Index, despite last week bounce. Key Quotes: “The U

3 hours ago

USD/JPY: Yen has room to rally over the longer-term- CIBC

Analysts at CIBC, see the Japanese yen strengthening over the long term and they forecast USD/JPY at 108 by Q2 2019 and 105 at Q4 2019. Key Quotes:

3 hours ago

USD/MXN supported by 19.00, holds near 19.10

The USD/MXN pulled back yesterday and traded momentarily below 19.00 but rose back above and today climbed to 19.10. As of writing trades at 19.08, up

3 hours ago

Fed's Daly is not freaked out by yield curve inversion

Fed's Daly says yield curve inversion "may not predict a recession as it has in the past. A lot of factors that weigh on long term rates that flatt

3 hours ago

Fed’s Daly: Fed funds rate now at neutral

Fed’s Daly backs ‘patient stance’, wants to look at data and has so far said that data has been ‘slightly slower’ than expected.

4 hours ago

US: Consumer Confidence in a soft patch - Wells Fargo

Analysts at Wells Fargo point out that Consumer Confidence dropped in four out of the past five months, but they explain that it is still elevated by

4 hours ago

WTI Technical Analysis: Bearish divergence should be a warning to bulls chasing the bid below 61.20s

WTI daily chart

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