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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Crude Oil Slumps Below $51

Crude oil futures were lower Friday morning as the dollar continued to steady versus major rivals. Upbeat US economic news and political turmoil in Spain have helped the dollar, putting a cap on commodities. WTI light sweet crude oil was ...

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Gold Lower As Stocks Scale New Heights

Gold futures were lower Thurdsay morning as stocks were set for another solid session on Wall Street. Gold was down $4 at $1285 an ounce, unable to sustain yesterday’s gains. Federal Reserve Chair Janet Yellen will deliver a lecture on ...

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Pound Advances Amid Risk Appetite, May's Remarks

The pound strengthened against its major counterparts in the European session on Friday, as European shares rose after a slew of upbeat earnings reports and on optimism about the prospects for U.S. tax reforms, while data showed the U.K. budget ...

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Italy's Current Account Surplus Rises In August

Italy’s current account surplus increased in August from the previous year, the Bank of Italy reported Friday. The current account surplus rose to EUR 3.68 billion from EUR 3.39 billion in the previous year. The trade in goods showed a ...

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Latvia Producer Price Inflation Unchanged

Latvia’s producer price inflation was unchanged in September, as an acceleration in domestic market price growth was offset by a slowing in that for exports, data from Central Statistical Bureau showed Friday. Overall producer price inflation was 3.3 percent, same ...

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