US crude prices firm at Gulf Coast as takeaway capacity tightens
Sterling caught a bid yesterday after headline and core measures of inflation beat estimates, forcing a downward revision in rate cut expectations. Monitoring GBP/JPY
Ukraine says it hit targets in St Petersburg with domestic-made drone
Fed and ECB board members have been on the wires this week trying to temper elevated market rate cut expectations, and this is hitting the price of gold and silver.
Oil prices settle higher on larger crude supplies draw, positive demand outlook
ECB highlights wage pressures as the next challenge to price stability as workers look to recover from a drop in real wages. EUR/USD, EUR/GBP and EUR/JPY price action setups explored
Euro zone current account surplus shrinks in Nov
9:00am Trade (1 HR) EURUSD:Buy 1.08857 tp 1.08921Sell 1.08795 tp 1.08735 GBPUSD:Buy 1.26912 tp 1.27038Sell 1.26792 tp 1.26668 USDJPY:Buy 148.390 tp 148.608Sell 148.188 tp 147.955 USDCAD:Buy 1.34899 tp 1.35006Sell 1.34784
The Japanese Yen remains under severe fundamental pressure against its US rival, but got some respite on Thursday
US single-family housing starts plunge in December