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BoC ahead but focus on Powell

BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...

IEA trimmed oil demand for 2019

The IEA has cut its 2019 estimate for oil demand in its latest monthly report, blaming trade tensions and the associated consequences on the...

OIL, CAD and AUD in focus in long & short term

The Dollar was little changed after the about in-line existing home sales outcome, however the focus remains on OIL and the interesting descending triangle...

Loonie in a descending Triangle

USDCAD, Daily The Dollar majors have been plying narrow ranges in very thin conditions, with European centres remaining closed, along with Hong Kong and Australia,...

USOIL in the spotlight

WTI crude ended the week with modest losses, with Dollar strength prompting some pre-weekend position paring. The front-month contract bottomed at $63.52, after peaking...

Extended but not topped

WTI ended the week on fresh 5-month highs, peaking at $63.27 so far, and up nearly 2%. The contract has been in rally-mode since...

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