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EU Sanctions and Energy Currency Gains

Crude oil prices rose to two-month highs earlier in the week as the European Union awaited a possible agreement to boycott oil from Russia,...

UKOil: OPEC Refuses To Play This Game

UKOil, Weekly US President Biden and his allies' new sanctions against Russia became a turning point for most currencies and stock markets yesterday, though the...

Crude stocks fall, USOIL surges

The US crude rally continued in the early part of the US session and reached as high as 82.36, a 2-month high. Weakness in the US...

Market Update – October 4 – USD Holds, Inflation & Evergrande worries persist

USD (USDIndex 94.00) holds at highs but down from Thursday 94.50 high. Strong US data on Friday (ISM Manu PMI 61.1, PCE  4.3%...

USDCAD Outlook After GDP and Ahead of OPEC Meeting

A positive start to the Canadian economy, as Statcan noted real gross domestic product grew by 0.7% in January. Although, total economic activity is about...

USOil and upcoming volatility

Later today and tomorrow evening we will have the API and EIA reports, while the day after that, on March 4, eyes will be...

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