Monthly Archives: August 2025
WTI crude oil futures closed at $63.66, marking a 1.05% weekly increase and narrow trading range
Written on August 23, 2025 at 12:28 pm, by
WTI crude oil futures rose 1.05% weekly, staying above key short-term averages but below longer-term resistance.
Trump viewed Canada’s tariff removal positively and anticipates further discussions with Prime Minister Carney.
Written on August 23, 2025 at 11:59 am, by
Trump praises Canada, criticizes Russia pipeline attack, supports sanctions, and comments on Powell’s delayed rate cuts.
Following Powell’s speech, NZDUSD recovered above previous support levels after a steep decline
Written on August 23, 2025 at 11:58 am, by
NZDUSD rebounds after RBNZ rate cut selloff; key support reclaimed, suggesting potential for further gains.
The current oil rig count has decreased by one, now standing at 411, with gas rigs unchanged
Written on August 23, 2025 at 11:29 am, by
U.S. rig count drops by one as oil rigs decline to 411; gas rigs remain unchanged at 122.
The USDJPY approaches crucial support, risking further declines if key levels break downwards.
Written on August 23, 2025 at 11:28 am, by
USDJPY drops below key moving averages, testing crucial support zone; potential next moves hinge on this level.
European indices finished the week positively, with Italy’s FTSE MIB and Spain’s Ibex reaching highs
Written on August 23, 2025 at 10:58 am, by
European markets rose this week, with major indices like the DAX, CAC, and FTSE 100 gaining steadily.
The GBPUSD rallied above key resistance levels, creating a bullish outlook, and testing further resistance
Written on August 23, 2025 at 10:29 am, by
GBPUSD surged past key resistance levels; holding above 200-hour average supports bullish trend amid dollar weakness.
President Hammack relayed Powell’s open-mindedness, emphasising inflation issues and ongoing unemployment concerns
Written on August 23, 2025 at 10:29 am, by
Hammack warns inflation remains elevated; policy may ease if unemployment rises substantially before September’s review.
The EURUSD rises due to dollar selling, influenced by expectations of forthcoming rate cuts. Traders eye critical resistance levels.
Written on August 23, 2025 at 9:59 am, by
EURUSD surged after Fed’s dovish stance, breaking key resistance; two rate cuts expected by year-end.
US stocks rise, yields decrease, and the dollar falls following positive remarks from the Fed Chair
Written on August 23, 2025 at 9:29 am, by
US dollar drops broadly; markets rally on Fed optimism and expected rate cuts; yields fall sharply.
