Aside from cryptocurrencies being the main subject of the markets recently, commodities are reaching new heights with crude oil on the rise with solid growth. For the first time since 2014, Brent oil reached $71 per barrel, as well as WTI crude futures rising to $66.35 per barrel, the highest price mark since December 2016.ҬBoth...

The post Is the Oil Rally on the Rise? appeared first on Forex Crunch.

According to a new and yet unconfirmed report, India bought oil from Iran using gold. India certainly has the gold resources to fund the oil, while Iran is under pressure by the West, due the continuation of its nuclear program. There were reports that officials have been floating this idea for some time, and now,...

The post Gold for Oil: India and Iran Ditch Dollar – Report appeared first on Forex Crunch.

Venezuela is gripped in a deep political crisis that followed an economic one. The nation is a large oil exporter with the US importing a significant chunk of its oil. Here are three scenarios for the stand-off and the reaction in oil markets. Venezuela has the world’s largest proven  oilreserves but mismanagement by the regime...

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The Canadian dollar gained some ground with the recovery in oil prices. Where can it go? Here is their view, courtesy of eFXdata: Danske Research discusses the  oil prices outlook and projects further recovery ahead which should be CAD positive, keeping USD/CAD under pressure in Q1. “The price on Brent crude rose above USD60/bbl yesterday....

The post CAD: Oil Prices Set For Further Recovery Towards An Average Of USD65/bbl in Q1 – Danske appeared first on Forex Crunch.

In this episode we focus on the state of the US consumer. Are things looking great or not exactly? Oil prices are also on the move higher. It’s good, isn’t it? As usual we preview the next events. You are welcome to listen, subscribe, provide feedback and  pledge support on  Patreon. Flashing the cash?:  Strong...

The post Spending it all out? – MM #101 appeared first on Forex Crunch.

Market movers  talks about markets:  what’s the next move in stocks? After endless range trading, is it time for a big  breakout? We talk stocks, the oil recovery and preview the busy week. You are welcome to listen, subscribe, provide feedback and  pledge support on  Patreon. Sell in May and go away?: It doesn’t usually...

The post Talking Stocks – MM #103 appeared first on Forex Crunch.

We don’t miss any of the hot topics: oil which is on fire, the fierce Brexit debate and the upcoming Fed meeting. You are welcome to listen, subscribe, provide feedback and  pledge support on  Patreon. Oil: Is the price right? We weigh the factors pushing prices higher and those pushing to the other side and...

The post Oil, Brexit and the Big Fed Preview – MM #105 appeared first on Forex Crunch.

Some traders are on vacation but markets are on the move. Apart from the suspicious rally in oil, perhaps the summer sun is a good time for a change of heart in the Fed.   You are welcome to listen, subscribe, provide feedback and  pledge support on  Patreon. Inflating inflation targeting: The Fed and other...

The post Time to inflate inflation targeting and the suspicious oil appeared first on Forex Crunch.

Indicators are nice, but sometimes ongoing news stories make or break markets. We focus on three ingredients that move the market as a whole.   You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Presidential Debate: The US elections are finally moving markets, and Clinton’s apparent victory is moving currencies. There...

The post 3 Ingredients of Risk-Off and Risk-On – MM #121 appeared first on Forex Crunch.

Oil prices are left, front and center, with  a roller-coaster of rumors and a wider impact on markets: the US dollar, other commodities and also stocks eye Vienna. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. OPEC: We explain the numbers supporting a deal: a small cut could result in...

The post Eyeing OPEC – Critical crude – MM #125 appeared first on Forex Crunch.