Russia warns OPEC against oil output cuts
OPEC and non-OPEC exporters must stick to a consistent message if they are to avoid exacerbating wild swings in the…
Week Ahead – Dollar Slows Down After US Jobs Miss
The US dollar was mixed Friday. The greenback advanced against the commodity currencies (CAD, AUD AND NZD) edging higher against…
China to seek closer Russia ties as US eyes more tariffs
U.S. tariffs on Chinese goods are going to lead to a “substantial improvement” between China and its neighbor Russia, the…
OANDA Market Beat Risk Aversion Boosts Dollar
OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will…
Dollar Higher as Risk Appetite Vanishes
The US dollar appreciated versus most major pairs on Friday. The Japanese yen outperformed the greenback as a safe haven,…
Russia Sells Off US Debt
The Russian government, previously considered a significant holder of U.S. debt, has been steadily — and sharply — paring down…
Futures Flat Ahead of Powell Testimony
Trump comments unpopular but markets steady It’s been an interesting start to trading on Tuesday, although markets are so far…
Markets in risk averse mode after tariffs
US and China trade spat heats up We’re seeing a slightly risk averse tone in financial markets at the start…
Hawkish Fed Boosts US Dollar But Tariffs Bring Currency Down to Earth
The US dollar is lower against major pairs after the U.S. Federal Reserve raised the benchmark Fed funds rate by…
USD/CAD Canadian Dollar Lower Despite Oil Rise After US Pulls Out of Iran Deal
The Canadian dollar was lower on Tuesday after the US currency rose on the back of the uncertainty surrounding the…