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Forex Analysis

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Forex Analysis Headlines

Three-Year Note Auction Attracts Above Average Demand

The Treasury Department announced the results of its auction of $38 billion worth of three-year notes on Tuesday, revealing the sale attracted above average demand. The three-year note auction drew a high yield of 1.861 percent and a bid-to-cover ratio ...

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U.S. Oil Production Is Skyrocketing

United States daily oil output is surging in a new pace and even aiming to surpass global giants such as Saudi Arabia and Russia. At a time when the Organization of the Petroleum Exporting Countries or OPEC is facing a ...

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Dollar Little Changed Following U.S. PPI

The U.S. producer prices for May have been released at 8:30 am ET Tuesday. After the data, the greenback changed little against its major counterparts. The greenback was trading at 1.1305 against the euro, 1.2694 against the pound, 108.79 against ...

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Dollar Rises Vs Most Majors Ahead Of U.S. PPI

The U.S. producer prices for May are due at 8:30 am ET Tuesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the greenback held steady against the pound, it rose against the rest of major ...

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South Africa Manufacturing Production Growth At 3-year High

South Africa’s manufacturing production rose at the fastest pace in three years in April, figures from Statistics South Africa showed Tuesday. Manufacturing production grew an unadjusted 4.6 percent year-on-year in April, after a 1.3 percent rise in March. Economists had ...

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