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Forex Analysis

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Forex Analysis Headlines

Hungary Interest Rates On Hold For 14th Month

Hungary’s central bank kept its key interest rate unchanged at a record low for a fourteenth successive month as inflation remains well below the bank’s 3 percent target. The Monetary Council of the Magyar Nemzeti Bank left the base rate ...

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U.S. Import Prices Dip 0.2% In June

With fuel prices seeing another steep decline, the Labor Department released a report on Tuesday showing that U.S. import prices fell in line with economist estimates in the month of June. The Labor Department said import prices dropped by 0.2 ...

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Crude Oil Jumps Near $47 Despite Ecuador Surprise

Crude oil futures rose Tuesday despite signs that OPEC is struggling to maintain cooperation with its supply quota plan. Ecuador will no longer comply with an agreed OPEC production cut due to the country’s financial difficulties, it was announced last ...

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Canadian Dollar Advances On Rising Oil Prices

The Canadian dollar climbed against its major counterparts in the European session on Tuesday, as oil prices advanced ahead of the inventory data by the American Petroleum Institute later in the day. Crude for August delivery rose $0.22 to $46.24 ...

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