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The Canadian dollar moved sideways after the latest interest rate decision by the Bank of Canada. The bank decided to hike interest rates by 0.50%. Pushing the overnight rate to 1.50%. In addition, Tiff Macklem warned that more rate hikes were necessary to curb the soaring inflation. This was more h

EUR/USD, “Euro vs US Dollar” EUR/USD is trading at 1.1137; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1105 and then resume moving upwards to reach 1.1245. Another signal in fav

Illustration photo of oil well from Investopedia TOKYO (Reuters) - Oil prices held on to gains made on the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared to extend record supply cuts in the face of the COVID-19 pandemic. Brent crude was off 1 cent a

Investing.com – Oil was down on Thursday morning in Asia, giving up some of its gains from the previous session. Investor worries about a stall in the black liquid’s demand recovery increased after California became the latest U.S. state to re-impose lockdown measures on Wednesday. The measures incl

Investing.com – Oil prices were mixed on Monday morning in Asia as the U.S. reached a record high for new coronavirus cases for the 27th day in a row with twelve states reporting new highs in seven-day case averages. Montana, Delaware and Alaska are experiencing the biggest percentage increase from

© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County By Sonali Paul MELBOURNE (Reuters) - Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand

© Reuters. FILE PHOTO: Pump jacks operate at sunset in Midland TOKYO (Reuters) - Oil prices dipped on Friday after steep falls in the previous session and were set for a weekly decline on worries renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere will suppres