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Author Archives: Insta Forex

Dollar Little Changed As Data Drought Persists

The dollar is turning in a mixed performance against its major rivals Tuesday afternoon, but remains little changed overall. The buck is holding onto modest gains against the Euro and the pound sterling, but is down against the Japanese Yen. ...

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Crude Oil Soars Above $63 For 3-Year High

Crude oil futures continued to surge Tuesday on expectations the global oil market will soon re-balance. OPEC appears determined to end the global supply glut with disciplined output quotas in 2018. The American Petroleum Institute reports its weekly inventories numbers ...

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BRAZIL: Retail Sales Rise More Than Expected In November

Retail sales in Brazil rose 0.7% in November from October, the country’s statistics office said on Tuesday. The results, which exclude sales of vehicles and construction materials, were higher than the 0.2% increase expected by analysts polled by Ag?ncia CMA. ...

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Gold Drifting Lower After Recent Gains

Gold prices slipped Tuesday, trimming strong recent gains in the absence of first-tier economic data. The dollar recovered versus the euro, helping dent gold prices after 4-month highs for the precious metal. Feb. gold down $6.70, or 0.5%, to settle ...

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