Tag: USOIL
Surprise Pop for US PPI
USDCAD, H1
Today's US PPI report revealed slightly stronger than expected gains in November of 0.1% in the headline and a 0.3% in the core...
Fundamental FX Strategies: Trading Oil Price Swings in FX markets
Fundamental strategies focus on removing any sentiment and noise from the markets and emphasise on boil down to the, at time harsh, underlying economic...
OPEC Deal Done – Oil Prices Pop
USOil, Daily
USOil surged to $54.09 highs, up from near $51.50 earlier in the day. The move comes as OPEC+ have apparently agreed to cut...
BOC at center stage – Could Oil drive its decision?
The Bank of Canada announcement is center stage this week, with no change in the current 1.75% setting for the overnight rate widely expected.
BOC...
USDCAD – BOC and Oil prices in the cross hairs
USDCAD, H1 & Daily
USDCAD has vaulted to a December high at 1.3292, closing the technical gap from the open on Sunday evening. A turn lower in...
US Data on the soft side ahead of FED Minutes
US Equities cool at open with US data curbing USD gains ahead of the FED minutes.
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Stuart Cowell
Head Market Analyst
HotForex
Disclaimer: This...
