Tag: OIL
USD Slips on Powell Comments and Extended Shutdown
Governor Powell's "patience" comments and President Trumps emergency powers threat pressures USD
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Stuart Cowell
Head Market Analyst
HotForex
Disclaimer: This material is provided as...
Loonie and Oil up for 6th straight session
USDCAD and USOIL
Oil broke the key $50 level and is currently challenging the R1 from Pivot Point analysis at 50.37. Hopes for a solution...
BoC Assessment – January 9
A gradual pace of normalization is supported by the December announcement, which revealed a less optimistic view on growth amid likely material weakness in...
USOil confirms 50% reversal on 32-month gains
USOIL
USOil closed on Friday at 13-month lows of $50.40. Despite talk of OPEC cutting production when it meets in Vienna early next month, prices...
Kiwi holds onto gains for the 3rd week
NZDCAD,H4 and Daily
The CAD has remained under pressure as WTI crude prices remain near 9-month lows, bottoming earlier at $58.26. NZDCAD's rise to 0.89...
Commodity and FX Correlation Pairs
Last time I talked about correlations, we examined the basic currency pairs which had either a strong positive or a strong negative correlation. Today,...
