Canadian dollar falls as copper prices slide. USDCAD under the bullish pressure today under the effect of the strengthening bearish Canadian dollar sentiment as the copper prices fell to seven-week lows. Copper fell
Oil rises on increased demand. Oil continues to rise steadily supported by economic recovery and the prospect of fuel demand growth as vaccination campaigns accelerate worldwide. The price is driven up by the
Gold falls on stronger dollar. Gold falling today on the strong U.S. dollar inflows as inflation concerns are starting to strengthen among the investors. Data showed U.S. consumer prices rose strongly in May,
EURUSD falls on robust US CPI. EURUSD falling today on the strong U.S. dollar inflows after US CPI beat estimates with 5% and Core CPI reached 3.8%. The pair is also pressured down
Oil rises on stronger projected demand. Oil rising strongly today on signs of strong fuel demand globally, while the prospect of Iranian supplies returning crushed – after the U.S. secretary of state said
Sterling falls on reopening concerns. Sterling falling today as the investors are starting to be concerned about the timing of UK reopening after Matt Hancock, UK Secretary of State for Health of the
Oil rises on oil output restraint. Oil rising today as the traders are responding to signs of continued output restraint, especially from the U.S. shale sector, which is expected to lead to a
EURUSD rises on lower Nonfarm Payrolls. EURUSD rising today under the effect of the weaker U.S. dollar as the markets are reacting to the latest release of the USA Nonfarm Payrolls data –
Gold falls on lower U.S. jobless claims. Gold falling strongly today after initial claims for state unemployment benefits fell below 400,000 last week for the first time since the COVID-19 pandemic started more
Oil rises after fire in Gulf of Oman. Oil continues to rise today – after the price corrected down from the major resistance level 71.00 – after Iran’s largest navy ship the Kharg
