Brent Near Three Week High On Supply Worries
Brent crude oil (BNO, quote) made its way above $110 on Thursday as rising tension in Ukraine raised concerns about supply interruptions.
Brent crude oil (BNO, quote) made its way above $110 on Thursday as rising tension in Ukraine raised concerns about supply interruptions.
The EURUSD pair initially tried to rally, but Wednesday action sell the market fall down to the 1.37 level.
With May Expiration this week we have little house cleaning to do.
Recent falls in the yuan exchange rate against the US dollar are based entirely on market forces, a senior official said on Tuesday after Premier Li Keqiang met with visiting US Treasury Secretary Jacob Lew.
The AUDUSD pair did very little during the session on Monday, as it tried to rally but failed in the end.
The EURUSD pair did almost nothing during the session on Monday, as the market sits right on top of the 1.3750 level, an area that we know is supportive.
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart.
EURUSD’s downward movement from 1.3993 extended to as low as 1.3745.
AUDUSD remains in uptrend from 0.9202, the fall from 0.9394 is likely consolidation of the uptrend.
USDJPY broke above 102.00 resistance, indicating that the downward movement from 103.02 had completed at 101.43 already.