Posts Tagged ‘forecasts’
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WTI Fell For Sixth Time Amid Forecasts To Cut US Refineries Rates

by Forex Rooton August 5, 2014 4:55 pm BST
Refineries probably operated at 92.8 percent of capacity on Aug. 1, down 0.7 percentage point from the prior week. The announcement last week that a Coffeyville, Kansas, refinery that gets oil from Cushing may be offline for most of August sent WTI to a four-month low. Brent slipped on reports that Kurdish fighters in Iraq […]

Dollar Edged Higher in The Wake of Solid U.S. Jobs Data

by Forex Rooton July 7, 2014 8:05 am BST
The euro eased 0.1 percent to about $1.3585, having pulled back from a high of $1.3701 on July 1, its highest level in about six weeks while the dollar edged higher on Monday and touched its highest level in more than a week versus a basket of major currencies, staying on firm footing in the […]

AUDNZD holds gain as retail sales exceed forecasts

by Forex Rooton April 4, 2013 8:12 am BST
Australia’s dollar held a rebound from a three-week low against its New Zealand counterpart as traders pared bets for interest-rate cuts after retail sales in the larger nation climbed by the most in more than three years. The so-called Aussie gained for a second day against New Zealand’s kiwi dollar after government data showed that […]

Oil Heads for Ninth Gain in 10 Weeks

by Forex Rooton February 15, 2013 8:39 am BST
West Texas Intermediate oil headed for its ninth weekly gain in 10 weeks. Open interest for the U.S. benchmark grade rose to a record while a report signaled OPEC will cut crude shipments this month. WTI was little changed in New York and up 1.5 percent this week. Prices climbed 0.3 percent yesterday as the […]