Oil advances and ends the month higher

Crude oil prices advanced on Monday, supported by news that Saudi Arabia pledged to work with other crude producers to limit market volatility.

Brent futures were trading at $35.98 per barrel by London's close, up 88 cents, or 2.5%. WTI futures nearer $34.00 a barrel during the American...

EUR/USD holds near 4-week lows sub-1.0900

The American dollar fell against most of its major rivals, main exception made by the euro, as investors struggled to stay positive following disappointing US data. However, weak Eurozone inflation readings kept the shared currency undermined throughout the day.

The common currency was on its back foot ever since the...

Gold ends higher and posts monthly gain

Gold recovered its shine, with spot erasing all of its Friday's losses and advancing up to a daily high of $1,235.87 a troy ounce. The decline in stocks favored the commodity, with strong buying interest coming from China, in the form of bargain hunting. Also, supporting the bright metal...

USD/JPY consolidates below 113.00

USD/JPY lost around 100 pips from its Friday's close, as the G20 meeting that took place in Shanghai during the weekend, failed to boost market sentiment.

The Group committed to go beyond easy-money monetary policy to pursue structural reforms in their respective countries to strengthen the global economy,...

GBP/CAD recovers from 8-month lows

The GBP/CAD cross was led by pound's movements, recovering some ground as the UK currency corrected higher.

The loonie on the other hand, strengthened briefly tracking higher oil prices but then retreated. Oil prices traded flat below $30.00 a barrel, with the Canadian dollar was left practically unchanged...

GBP/USD struggles to hold above 1.3900

GBP/USD managed to reverse intraday losses and turned positive during the New York session as the greenback weakened versus most competitors.Disappointing Chicago PMI and pending home sales data weighed on the dollar, sending GBP/USD to a session peak ...

USD/CHF back to square one

USD/CHF completed a round trip to above the parity level as the dollar weakened versus the franc following disappointing Chicago PMI and pending home sales data.

USD/CHF came under pressure and dropped all the way back to the 0.9965 zone, where it trades virtually unchanged on the day, after...

EUR/USD extends losses to fresh 4-week lows

EUR/USD has continued to edge lower during the American session despite a string of disappointing US data, as the euro underperforms across the board.Weak Eurozone inflation data raised expectations the European Central Bank will ease policy further at...