Tag: bid

Brent Hurt as Global Recessionary Fears Ramp Up, USD Bid

BRENT CRUDE OIL (LCOc1) TALKING POINTSChinese economic data leaves brent crude demand wavering.PMI’s show dwindling economic strength across the globe leaving brent vulnerable.Brent crude trades below $90, can bulls defend once more? Trade Smarter...

Not much life in the market as slight dollar bid remains

There isn't much of a theme so far in the first 5.5 hours of the trading day. The US dollar is modestly higher across the board, particularly against GBP and NZD. But stronger...

US dollar bid extends further with commodity currencies lagging. Eyes on USD/JPY

Asian stock markets are holding relatively steady at lower levels while the S&P 500 continues to be down 20 points. But the FX market is showign signs of strain and risk aversion. The...

Polish pipeline operator PERN says leak detected in Druzba oil pipeline – Crude goes bid

Polish pipeline operator PERN said on Wednesday that it detected leak in one line of the Druzba oil pipeline on Tuesday evening. PERN said at this point the causes of the leak in...

US equities find a bid as Treasury yields slide

3568 was the low in the S&P 500 and the index has since bounced to 3605, which is nearly 40 points. The index now rests down just 7 points on the day. In...

Euro Under Pressure as Geopolitical Tensions Intensify, Dollar Bid

EUR/USD Overall Bias Remains Bearish. New YTD Low Still a Possibility.IMF World Economic Outlook Due Later Today. Recommended by ...

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