US oil drilling rigs fall for the ninth straight week
Baker Hughes data: Oil rigs -6 to 432 Nat gas rigs -2 to 109 WTI crude oil is trading down 11 cents to $67.65. This article was written by Adam Button at www.forexlive.com.
Baker Hughes data: Oil rigs -6 to 432 Nat gas rigs -2 to 109 WTI crude oil is trading down 11 cents to $67.65. This article was written by Adam Button at www.forexlive.com.
EUR/USD pulls back to 1.1695 after hitting yearly peak above 1.1750. US core PCE inflation rises above expectations; consumer sentiment improves, weighing on Euro. ECB’s Knot sees one more cut in 2025; French inflation cools, Spain’s HICP exceeds 2%. The EUR/USD retreats from yearly highs above 1.1750, tumbling below 1.1700 despite market participants being convinced that the Federal Reserve…
Trump — evidently — is so offended that Iran’s supreme leader didn’t say ‘thank you’ to Trump and instead claimed he won the war that he’s “immediately dropped all work on sanction relief, and more”. Here is Trump’s post: Why would the so-called “Supreme Leader,” Ayatollah Ali Khamenei, of the war torn Country of Iran, say so blatantly and…
The Canadian Dollar sharply pared back near-term gains on Friday. US President Donald Trump has announced that his team is ending all trade talks with Canada. Canadian GDP growth contracted in April, adding further downside pressure to Loonie flows. The Canadian Dollar (CAD) backslid on Friday, falling back on a combination of weakening Canadian Gross Domestic Product (GDP) growth…
So much for that. CAD down sharply. Trump’s message: We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which…
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher. A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure. A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside. Silver price sinks more than 1% on Friday, ahead of the…
2025.06.27 2025.06.27 Short-Term Analysis for Oil, Gold, and EURUSD for 27.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar…
Mon: Japanese Industrial Output (May), Chinese Official PMIs (Jun), German Retail Sales (May), German/Italian Prelim CPI (Jun) Tue: Japanese Tankan (Q2), Chinese Caixin Manufacturing PMI Final (Jun) EZ, UK & US Final Manufacturing PMI (Jun), German Unemployment (Jun), EZ HICP Flash (Jun), US ISM Manufacturing PMI (Jun), Wed: NBP Policy Announcement; US Challenger Layoffs (Jun), ADP (Jun), EZ Unemployment…
Dollar Index falls after the Fed’s preferred measure of inflation, the core PCE, rises in May. US Dollar continues to weaken, with the DXY nearing Thursday’s low of 97.00 US Michigan Consumer Sentiment Index and Michigan Expectations ahead, providing additional insight into how consumers feel about current conditions. The US Dollar Index (DXY) is nearing 97.00 support as investors…
2025.06.27 2025.06.27 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.06.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction is completed. Expect the price to rise in the fifth part of a bullish impulse to a high…