AUD/USD Forecast: Aussie Pulls Back from Crucial 0.70 Level

The AUD/USD currency pair pulled back a bit from the crucial 0.70 level, as we have seen happen…

German inflation the sole feature of the agenda in Europe

It has been a bit of a slow week with it being the summer and when…

The EUR is strongest and the AUD is the weakest as the NA session begins

Gold is little changed Oil is higher US yields are higher as are European benchmark yields…

The Central Bank will tie premiums to risk ratios for foreign currency loans to foreign currency earnings of borrowers

The Central Bank of the Russian Federation has specified plans to introduce differentiated premiums to risk…

Iran nuclear deal is a new downside risk to oil but Goldman Sachs is still bullish

A surprise breakthrough in Iran-nuclear deal talks could be at hand. After five days of indirect…

FX Majors Weekly Outlook (8-12 August)

We finished the last week with a negative catalyst for risk coming from the US labour…

FCS reduced transfers to the budget by 34.3% in July

The Federal Customs Service (FCS) of the Russian Federation transferred 3 trillion 872.5 billion rubles to…

WTI Crude Oil Forecast: Crude Oil Finally Breaks Down

The West Texas Intermediate Crude Oil market has finally broken down during the trading session on Thursday as…

ETH/USD Forecast: Ethereum Continues to Drift Lower

Ethereum continues to look vulnerable as we have drifted lower yet again. Ethereum has recently seen…

US June consumer credit outstanding +40.15B vs +25.0B expected

Prior was +22.35B (revised to $23.79B) Revolving +14.8B Non-revolving +25.36B Consumers continue to borrow, despite rising…