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Crude oil settles up $1.00 at $73.32.

Crude oil settles up $1.00 at $73.32.

Crude oil futures are settling up one dollar at $73.32.The price rallied to one-week highs, supported by a weaker dollar and supply concerns stemming from U.S. sanctions on Russian crude production. Additional support came from Saudi Arabia, Iraq, and the UAE, which...

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US dollar takes a quick dive

US dollar takes a quick dive

The US dollar has taken a quick move lower and it's not clear why.EURUSD 10 minsThe usual spots aren't indicating any news so there is some head-scratching going on. It's not often you see a stop-driven move of this kind of magnitude at this time. Equities have perked...

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Is Tesla’s Biggest Risk its Own CEO?

Is Tesla’s Biggest Risk its Own CEO?

Elon Musk’s net worth has dropped below $400 billion for the first time in two months, driven by a sharp decline in Tesla stock price.Tesla shares and options account for more than 60% of Musk’s wealth, which peaked at $486.4 billion on December 17 following Trump’s...

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Russia military jet intruded on Polish airspace

Russia military jet intruded on Polish airspace

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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ECB Schnabel: Uncertainty in trade has risen dramatically

ECB Schnabel: Uncertainty in trade has risen dramatically

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Stocks have taken a turn back to the downside

Stocks have taken a turn back to the downside

The US stock have taken a turn to the downside with the NASDAQ index leading the way. The NASDAQ index is now down -0.64% at 19590. The low price just reached 19579.77.On the downside, the price of the NASDAQ is approaching its 200 hour moving average at 19569.54....

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Trump sends Bessent to Ukraine, says the war must end soon

Trump sends Bessent to Ukraine, says the war must end soon

It's odd to send the Treasury Secretary rather than the Secretary of State to end a war but Trump seems to be angling towards some kind of rare earths deal, even though most of the rare earths are in the part of Ukraine that Russia has already won.In any case, here is...

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USDCHF rallies towards key resistance swing area.

USDCHF rallies towards key resistance swing area.

The USD/CHF continues its upward momentum in the U.S. session, reaching a key swing area between 0.9128 and 0.91368. A decisive break above this level could open the door for a move toward the 2025 highs, with resistance near 0.9200, a level tested in both January...

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Powell: We do not need to be in a hurry to adjust policy

Powell: We do not need to be in a hurry to adjust policy

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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