Search Results for: BP
“Typical Summer Overshoot” in EUR/USD Likely Warn Soc Gen
July 28th, 2017
Kit Juckes at Societe Generale believes the conditions are ripe for the Euro v Dollar exchange rate to rush to 1.20 this summer and make life difficult for the team at the European Central Bank. Juckes makes his views ...
“Time to Sell” Pound Sterling v Dollar and Euro say BofAML Exchange Rate Strategists
July 26th, 2017
It’s “time to sell GBP” says Athanasios Vamvakidis, a foreign exchange strategist with Bank of America Merrill Lynch Global Research in a note to clients released ahead of the new week. The call by Vamvakidis comes as momentum against ...
Oil steady ahead of producer meeting; Nigeria, Libya output in focus
July 24th, 2017
Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 2 ...
Oil steady as Brent crude hovers below $50 ahead of OPEC meeting
July 21st, 2017
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that was briefly breached for the first time in six weeks ...
Citi’s Flow Data Raises Concerns Over Euro and Pound’s Uptrend
July 20th, 2017
The world’s largest foreign exchange dealer, Citi, have dug into their data and found that the Euro’s strong run higher could be about to be tested. Flow analysis from the bank shows hedge funds are starting to take profit ...
Elliott Wave Analysis: AUDUSD Overlook
July 18th, 2017
Elliott Wave Analysis: AUDUSD Overlook Aussie is one of the strongest today RBA Monetary Policy Meeting Minutes. We have seen sharp move up on AUDUSD and down on GBPAUD, as well as EURAUD. On AUDUSD we see a ...
Oil prices stable as strong demand meets ongoing supply glut
July 18th, 2017
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the international benchmark for oil prices, were at $48.55 per barrel ...
Clearstream to apply for new license under CSD regulation
July 17th, 2017
CSDR to further harmonise European settlement sector and strengthen asset safety CSD applications due end September 2017 Asset safety a key concern for Clearstream Clearstream, the wholly owned subsidiary of Deutsche Börse, has issued today an announcement to inform ...
Nasdaq and EURJPY Elliott Wave Analysis
July 14th, 2017
Nasdaq and EURJPY Elliott Wave Analysis EURJPY came down in the last few hours as USDJPY fell on bad data, while 10-year US notes moved higher. We expected more weakness on EURJPY next week, but latest development suggests ...
Oil prices stable as strong Chinese demand eases concern of ongoing glut
July 13th, 2017
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate ...
