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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Crude Oil Oil Plummets To 10-month Low

Crude oil futures continued to plunge Wednesday despite government data showing a drop in U.S. oil stockpiles. August WTI oil fell 98 cents, or 2.3%, to settle at $42.53/bbl, sliding through support to hit a 10-month low. Prices plummeted into ...

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Dollar Little Changed Despite Solid Housing Data

The dollar is trading slightly lower against all of its major rivals Wednesday afternoon, but is little changed overall. The week has been light on economic data so far this week, but existing home sales data came in better than ...

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Gold Steady After Monthly Low

Gold futures paused after a recent downtrend Wednesday, holding near 5-week lows in the absence of market-moving economic data. The dollar wobbled a bit today, allowing gold to find its footing. Gold’s safe haven value was also boosted by signs ...

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