Tag: Climbs

US dollar climbs as ISM services data argues for higher Fed rates for longer

The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...

Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?

Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking PointsCrude oil prices have pushed higher with OPEC+ set to cut productionThe headline number of supply reduction might differ from actual outputIf OPEC+...

Gold Price Climbs Above 50-Day SMA to Approach September High

Gold Price Talking PointsThe price of gold clears the former-support zone around the July low ($1681) as it extends the series of higher highs and lows from last week, with bullion on the...

FXSpotStream’s September ADV Climbs 20.5% as Total Volume Hits $1.6T

FXSpotStream, a provider of multi-bank foreign exchange Exchange ...

EURUSD Climbs Following Hot German Inflation Print – PCE to Follow Suit?

EURUSD - Talking PointsEURUSD fails on first test of 0.9800 after breaking out of wedgeGerman inflation data reaches double digits, ECB rate hike bets soarUS PCE data for August crosses the wires Friday Recommended...

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