United States CFTC S&P 500 NC Net Positions increased to $-144.8K from previous $-174.1K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…

Read more

Trump to hold news conference at 11:30 am ET

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

Read more

Atlanta Fed GDPNow Q2 estimate lowered to 2.9% from 3.4%

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

Read more

OPEC set to weight another supersized output hike in July

OPEC+ is meeting July 6 and I would have assumed the baseline in the market was for another large 411K output hike but oil dipped after Bloomberg reporting that OPEC is set to weigh another ‘super-sized’ oil output increase. For me, this isn’t a surprise at all and it would be something of a shock if they don’t add…

Read more

AUD/USD edges lower after failing to gain traction above 0.6550.

AUD/USD weakens after reaching a fresh YTD high of 0.6564 on Thursday. US-China trade lifts risk sentiment, but profit taking and a firmer USD limit gains. AUD/USD is heading toward 0.6500, with bullish momentum fading above 0.6550. The Australian Dollar (AUD) is pulling back from weekly highs against the US Dollar (USD) on Friday. At the time of writing,…

Read more

Freedom Holding Corp: S&P Global Ratings Upgrades Outlook

International credit rating agency S&P Global Ratings has revised the outlook on Freedom Holding Corp.’s core operating subsidiaries from “Stable” to “Positive,” while affirming their credit ratings at ‘B+/B’. The revised outlook applies to Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC. The rating of the parent company, Freedom Holding Corp.,…

Read more