USD rose after Fed's speech, oil jumped on OPEC cuts. NFP is eyed on March 5
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Tag - oil
Oil surged after OPEC meeting
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
USD surged after Fed's speech. NFP is eyed
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
OPEC may increase oil supply at meeting on March 4
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
Pound rallies, Treasury yields are at one-year record high
Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
USD/CAD: softer US dollar and higher crude oil helping the pair
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Facebook news and optimistic US sales
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. Crude oil keeps rising.
Facebook in Australia, strong USD and other news on February 18
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!
Wall St banks forecast oil at $100
Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.
Oil is at 13-month high due to deep freeze in Texas
Bitcoin skyrocketed to another record, approaching the milestone of $50 000. Jump in to get the full market wrap!
What awaits USD after Fed report on February 11?
The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.
Oil is back to pre-pandemic levels!
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
