WTI Exchange rate
Editors’ Picks
EUR/USD falls amid Sino-American tensions ahead of Non-Farm Payrolls
EUR/USD is trading around 1.1850, down amid a risk-off mood stemming from President Trump's move against China's TikTok and WeChat. Tension is mounting ahead of the highly uncertain Non-Farm Payrolls.
Gold consolidates near record highs, flat-lined around $2060 area ahead of NFP
Concerns about escalating US-China tensions pushed gold to fresh record highs on Friday. A goodish pickup in the USD prompted some profit-taking amid overbought conditions.
GBP/USD retreats amid doubts about the furlough scheme, dollar strength
GBP/USD is struggling around 1.31 as UK Chancellor Rishi Sunak said the furlough scheme that is underpinning the economy cannot last forever. The dollar is gaining ground amid geopolitical tensions ahead of the Non-Farm Payrolls.
Forex Today: Dollar ticks up after Trump's TikTok move, all eyes on Non-Farm Payrolls
Trump's executive order against TikTok and WeChat has dampened the market mood and strengthened the dollar. Fiscal stimulus have made limited progress and investors are now focused on July NFP, which carries high uncertainty amid the resurgence of coronavirus.
WTI struggles to keep $42.00 amid risk-off in Asia
WTI extends the previous day’s losses from $42.79, recently bounces off the intraday low. US-China and Washington-Ottawa tussles join dimming hopes of US stimulus to weigh on the risk-tone.