Tag: lower
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Crude Oil Ponders Course as Markets Fear the Return of the Fed. Lower WTI?
[ad_1] Crude Oil, US Dollar, Fed, WTI, Brent, AUD/USD, RBA, USD/JPY – Talking Points Crude oil steadied in Asia today after losing ground to strong US data The US Dollar went higher overnight as tighter conditions from the Fed loom If the Fed can achieve a soft landing, where will WTI end up? Recommended by…
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Crude oil lower; Close to year’s low on China COVID woes
[ad_1] By Peter Nurse Investing.com — Oil prices slumped Monday, falling close to the lowest levels this year as anti-lockdown protests in China, the world’s largest importer of crude, raised concerns over Chinese demand growth. By 09:00 ET (14:00 GMT), futures traded 3% lower at $74.00 a barrel, after touching its lowest since Dec. 22…
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US Dollar Nosedives Post Fed Meeting Minutes. Will the USD (DXY) Index Push Lower?
[ad_1] US Dollar, DXY Index, Fed, FOMC, Crude Oil, USD/CAD, USD/JPY – Talking Points US Dollar continued weakening through the Asian session today The Fed minutes disclosed what we already knew but equities liked it anyway If the tightens but to a lesser degree, will the USD be undermined further? {{GUIDE|EUR}} The US Dollar is…
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Crude oil lower; geopolitical tensions ease, China COVID cases rise
[ad_1] By Peter Nurse Investing.com — Oil prices weakened again Thursday as geopolitical tensions in eastern Europe eased while rising numbers of COVID-19 cases in China risked hitting economic activity in the world’s largest crude importer. By 10:00 ET (15:00 GMT), futures traded 2.3% lower at $83.61 a barrel, while the contract fell 1.4% to…
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Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY?
[ad_1] Japanese Yen, USD/JPY, US Dollar, US CPI, Crypto, FTX, PPI, Crude Oil, Gold – Talking Points The Japanese Yen firmed dramatically after the US Dollar sailed south US CPI sparked a rush toward growth assets, with equity markets roaring If the Fed pulls back on hiking, does that mean USD/JPY has seen the cyclical…
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British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again?
[ad_1] British Pound, GBP/USD, US Dollar, Crypto, FTX, Crude Oil, Gold – Talking Points British Pound support wilted after US Dollar resumed strengthening Crypto chaos leaked into many markets as concerns grow a liquidity crunch US CPI lies ahead and may see more volatility. Will GBP/USD test the downside? Recommended by Daniel McCarthy Get Your…
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Crude oil lower; China’s COVID surge hits demand outlook
[ad_1] By Peter Nurse Investing.com — Oil prices fell Tuesday, following news of worsening COVID outbreaks in China, hitting the demand outlook at the world’s largest crude importer. By 09:40 ET (14:40 GMT), futures traded 0.5% lower at $91.38 a barrel, while the contract fell 0.2% to $97.77. The economically important city of Zhengzhou announced…
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AUD/USD Aims Lower on Rising Recession Bets as US Dollar, Yields Rise
[ad_1] Australian Dollar, AUD/USD, RBA, Jobs Report, Technical Outlook – Talking Points A stronger US Dollar and higher bond yields may weigh on APAC markets Focus turns to the upcoming US jobs report after a hawkish FOMC meeting AUD/USD aims to break below a short-term trendline as losses accelerate Friday’s Asia-Pacific Outlook A move lower…
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Crude Oil Lower; Demand Fears Grow After Fed, BoE Hikes, Chinese Data
[ad_1] By Peter Nurse Investing.com — Oil prices fell Thursday, retreating from a three-week high, weighed by weak Chinese economic data and a stronger dollar, dimming the outlook for demand growth. By 09:10 ET (13:10 GMT), futures traded 1.5% lower at $88.64 a barrel, while the contract fell 1.1% to $95.06. China’s services activity contracted…
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Crude Oil Lower; Slowing Chinese Business Activity Weighs
[ad_1] By Peter Nurse Investing.com — Oil prices fell Monday as weak Chinese factory activity data raised fears about economic growth, and thus crude demand, at the world’s largest oil importer. By 09:00 ET (13:00 GMT), futures traded 1.8% lower at $86.35 a barrel, while the contract fell 1.3% to $92.51. China’s official fell to…