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Author Archives: Insta Forex

Oil Futures Pare Early Gains, Settle Lower

Crude oil futures pared early gains and settled lower on Friday amid uncertainty about the outlook for energy demand due to fresh restrictions on movements following the spread of the new coronavirus variant Omicron in several countries. Oil prices climbed ...

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U.S. Dollar Recovers From NFP-led Losses

After a pullback following the release of weak U.S. jobs data for November, the U.S. dollar rebounded against its major rivals in the European session on Friday. Data from the Labor Department showed that U.S. employment increased much less than ...

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Loonie Spikes Up After Canada Jobs Data

Following the release of Canada jobs data for November at 8:30 am ET Friday, the loonie climbed against its major counterparts. The loonie was trading at 1.4433 against the euro, 0.9025 against the aussie, 1.2761 against the greenback and 88.71 ...

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