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Greg Michalowski

Baker Hughes oil rig count rises by 8 to 610

The weekly Baker Hughes rig count data is showing:Oil rigs +8 at 610Natural gas rigs -1 at 157Total rigs +7 at 769The price of WTI crude oil is trading at $86.07. That's down...

New session lows for the lows for the AUDUSD. What next?

The AUDUSD AUD/USD The AUD/USD is...

Atlanta Fed GDPNow tracker revised down to 2.8% from 2.9%

The Atlanta Fed GDPNow tracker moves to 2.8% from 2.9% last.In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 2.8...

Stocks dip to new lows

The major US stock indices are rushing to the downside and trading to new lows for the day. The NASDAQ is leading the way with a decline of over 2.00%. Coming into the...

USDCAD trades above old ceiling levels. Buyers making a play.

The USDCAD USD/CAD The USD/CAD is...

Some mixed dollar moves into the London fixing

The Friday fix in London is over. There was some mixed moves.The EURUSD and the GBPUSD moved higher after moving below the 100 hour MA for the EURUSD at 0.97212 and below the...

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