Tag: Brent Crude
“Black Monday”: Oil Prices Plummet amid Massive Sell-Off in Chinese Equities
Oil prices plunged on Monday to their lowest level in more than six years after a broad equities sell-off in China fuelled fresh concerns...
US Dollar Plunges as Global Markets Retreat
The US dollar plunged to nearly two-month lows on Friday, as global stock markets continued to retreat after disappointing Chinese PMI data heightened worries...
Cable Breaks Out after Better than Expected Inflation
Cable broke out on Tuesday, climbing more than 100 pips after UK inflation unexpectedly turned positive in July, a sign the Bank of England...
US Dollar Searches for Direction as Gold Rallies
The dollar was little changed against world currencies on Monday, as gold prices stabilized above $1,100 an ounce while oil prices continued to plumb...
USD/JPY Rises as BOJ Inflation Expectations Flatline
The USD/JPY enjoyed upward momentum on Monday, as the Bank of Japan acknowledged that inflationary pressures are expected to remain tame due to the...
Dollar Wilts as Oil Rallies from 6-Month Lows
The US dollar declined modestly on Tuesday, as oil prices rebounded from six-month lows and gold rallied above $1,190.00 an ounce, setting the stage...
US Dollar Well Supported as Commodities Plunge
The US dollar was well supported against a basket of currencies Tuesday following a rout in the commodities market that sent crude oil prices...
Oil Prices Steady amid Biggest Rally of 2015
The price of oil was steady on Tuesday amid its biggest rally of the year, as investors shifted their attention to first quarter earnings...
US Dollar Index Resumes Descent
The US dollar was back on its heels on Thursday, declining against a basket of trade-weighted peers following disappointing housing data.
The US dollar index,...
Crude Oil Pushes Higher as Demand Improves
The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...
US Dollar Index Pacing for Biggest Weekly Drop Since 2011
The US dollar weakened on Friday and is pacing for its biggest weekly decline since 2011, as the currency markets continued to oscillate following...
Brent Crude Tumbles as Oversupply Remains In Focus
Oil prices declined on Thursday after an OPEC minister signalled that output would remain elevated, raising speculation the global oil glut would persist for a...
