Oil prices rise off six-week lows as US fuel stocks decline
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday, supported by large draws in U.S. crude and fuel stocks, but were still close to their lowest level in six…
Dollar falls against resurgent yen as carry trades squared
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Commodity currencies slid to multi-week lows on Wednesday on weakening raw material prices, with the heaviest selling against the yen which surged…
FXGT.com Executive Interview with Sherwan Zeybo – New Developments in Pipeline
Succeeding in the financial services space has become increasingly difficult given the high level of competition from other brokerages and inherent challenges. For its part, FXGT.com has seen itself grow…
FXGT Executive Interview with Sherwan Zeybo – New Developments in Pipeline
Succeeding in the financial services space has become increasingly difficult given the high level of competition from other brokerages and inherent challenges. For its part, FXGT has seen itself grow…
Analysis-Japan’s novel FX intervention throws off investors
By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) -Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in…
Analysis-US oilfield firms slash prices as mega-mergers shrink customer base
By Georgina McCartney HOUSTON – A wave of mega-mergers among oil producers is forcing the U.S. service companies that drill and hydraulically fracture wells to slash their prices, merge, or…
Oil prices rise; US crude inventories, Canadian wild fires boost sentiment
Investing.com– Oil prices rose Wednesday, recovering from recent losses after industry data showed a fall in U.S. inventories, suggesting strong demand from the world’s largest consumer. At 08:15 ET (12:15…
Oil prices edge up off six-week lows
By Paul Carsten LONDON (Reuters) -Oil prices edged higher on Wednesday but were still close to their lowest level in six weeks with few signs of the fuel consumption surge…
Commodity currencies struggle, carry trade churn helps yen, Swiss franc
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Commodity currencies slid to multi-week lows on Wednesday on weakening raw material prices, with the heaviest selling against the yen which surged…
Analysis-Investors foxed by Japan’s revamped FX intervention blueprint
By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) – Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities…
