US Crude Oil Collapses to Negative -$37 Per Barrel - Why and What Does it Mean?

The standard bearer US-based WTI crude contract collapsed Monday with the ‘active nearby’ eventually settling at an astounding -$37.63 (yes negative). There are some important caveats here, but the...

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Canadian Dollar Price Outlook: USD/CAD Bounces as Oil Prices Smashed

USD/CAD has held support above 1.4000, with the pair catching a bid today as oil prices were hit incredibly hard.

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Crude Oil Carnage as WTI Pushes Below $1/brl

It was a brutal open to the week as WTI crude oil prices pushed below $1/brl. Yes, that's less than One US Dollar per barrel.

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DAX 30 Price Outlook: Overhead Resistance Looms as Index Melts Higher

The DAX 30 appears to have slipped into a trading range in April, bouncing between two nearby technical barriers. Here are the levels to watch.

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USD/MXN Price Primed for Uptrend Continuation Amid Oil Rout

The US Dollar to Mexican Peso looks set to continue its surge as crude oil crashes. USD/MXN price action has skyrocketed 30% since mid-February, but is down about 7% from its year-to-date high.

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Euro Forecast: More Weakness Due in EUR/USD and EUR/JPY Rates?

Although Euro losses have slowed over the past few weeks, the context of the recent consolidations offers little reassurance for bulls.

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EUR/GBP, GBP/USD and GBP/NZD Prices and Outlook - UK Webinar

Sterling (GBP) is coming under pressure as Brexit trade talks reopen, while data this week may push the British Pound lower.

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Crude Oil Volatility Surge Ahead of Expiration - US Market Open

The drop in oil prices has been grabbing the headlines with WTI trading below $12/bbl. However, June contract trades at $22/bbl

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Dow Jones, US Dollar, Crude Oil, Earnings, Euro, EU Summit: Week Ahead

The Dow Jones and S&P 500 treaded higher but selling pressure in the haven-linked US Dollar slowed. Why was crude oil unable to follow sentiment? Earnings season continues with tech and manufacturi...

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British Pound (GBP) Latest: Brexit Talks May Weigh on GBP/USD and FTSE 100 Prices

Brexit is back in the spotlight this week as the UK and the EU resume trade talks. The UK has already said that it will not extend the transition period if asked.

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Euro May Follow NZ Dollar Higher as Germany Eases Lockdown

The Euro may follow the New Zealand Dollar higher as its home country its home country is joined by Germany in starting to ease coronavirus lockdown rules.

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Crude Oil Slides As Markets Fret Covid Demand Hit, Full Storage Tanks

Crude oil prices came under yet more pressure despite heavy production cuts as the world remains awash with cheap energy that has no obvious end user.

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Gold Price Carves Lower Highs and Lows Amid Plans to Reopen US Economy

The price for gold may face a larger pullback over the coming days as it carves a series of lower highs and lows following plans to reopen the US economy.

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Bitcoin Price: How Will Halving, Coronavirus Affect BTC?

Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the coronavirus pandemic threatens to disrupt cross-continental BTC mining operations.

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US Dollar Fundamental Outlook: SGD, IDR, MYR, PHP Focus on Earnings

The US Dollar may rise against ASEAN FX such as the Singapore Dollar, Malaysian Ringgit and Philippine Peso as earnings season may broadly underwhelm after a dismal week for banks.

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AUD/USD Rate Retains Ascending Channel Formation Ahead of RBA Minutes

The Reserve Bank of Australia (RBA) Minutes may spark a bullish reaction in AUD/USD if the central bank tames speculation for additional monetary support.

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Oil Price Collapse Claims Scalp as Major Trader Files for Bankruptcy

Investors hardly needed anything else to worry about in the Asia Pacific region but news that Singapore’s biggest oil company has filed for bankruptcy protection has added to their woes.

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Canadian Dollar Sinks as Crude Oil Prices and Stocks Drop

The Canadian Dollar sank as crude oil prices fell with stocks while the US Dollar rose. Markets may be anxious before key corporate earnings reports amid the Covid-19 outbreak.

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New Zealand Dollar Gained with Dow Jones, Traders Await Earnings

The New Zealand Dollar soared with the Dow Jones Friday as markets continued betting on the US economy reopening. Follow-through may be difficult as traders nervously eye earnings.

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Dow Jones, US Dollar, Crude Oil, Earnings, Euro, EU Summit: Week Ahead

The Dow Jones and S&P 500 treaded higher but selling pressure in the haven-linked US Dollar slowed. Why was crude oil unable to follow sentiment? Earnings season continues with tech and manufacturi...

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