Category World Update

The CFTC report released on Friday showed minimal changes in overall currency positioning Net USD positioning against major currencies decreased slightly by 0.1 billion to negative 17.2 billion Investors remain cautious due to high uncertainty and the market stands in…

Although the past week was completely uninformative regarding NZDUSD fundamental indicators, it allowed adjustments to forecasts on economic growth, inflation, and the Reserve Bank of New Zealand’s policy strategy based on new data. ANZ Bank revised its inflation forecast. Earlier,…

On Tuesday, January 28, WTI, the benchmark crude oil in the U.S., was trading near $73.00 per barrel. Futures for this light crude saw a considerable decline. On the New York Mercantile Exchange (NYMEX), WTI crude oil futures for March…