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Oil pumpjack at sunset with WTI crude oil price display showing near $100 per barrel.
Forex News

WTI Crude Oil Struggles to Reclaim $100: Supply Risks vs. Demand Fears

West Texas Intermediate crude oil continues to trade below the psychologically significant $100 per barrel mark, as the market weighs tightening global supply

  • by Jayshree
  • 2026-05-13
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EUR/USD trading screen showing sideways price movement with low volatility on a financial trading floor
Forex News

Euro Stuck in Range Against Dollar as Low Volatility Persists: ING

The euro continues to trade in a narrow range against the US dollar, with analysts at ING pointing to a persistent low-volatility regime

  • by Jayshree
  • 2026-05-13
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Aerial view of an oil refinery at sunset, symbolizing the global oil supply decline forecast by the IEA.
Forex News

IEA Warns Global Oil Supply Could Drop by 3.9 Million Barrels Per Day by 2026

The International Energy Agency (IEA) has released a new forecast projecting a significant contraction in global oil supply, estimating a decline of 3.9

  • by Jayshree
  • 2026-05-13
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Swiss Franc and US dollar banknotes on a desk with a financial chart in the background.
Forex News

Swiss Franc Holds Below 0.7800 as US Yields Rise, Risk Appetite Fades

The Swiss Franc is trading in a narrow range below the 0.7800 level against the US Dollar on Wednesday, as a combination of

  • by Jayshree
  • 2026-05-13
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Financial trading screen showing GBP/USD chart with converging moving average lines
Forex News

GBP/USD Nears Key Moving Averages, Societe Generale Warns of Potential Inflection

The British pound is approaching critical technical levels against the US dollar, with Societe Generale analysts highlighting that the currency pair is nearing

  • by Jayshree
  • 2026-05-13
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Federal Reserve building in Washington D.C. on a clear morning, representing cautious monetary policy.
Forex News

US Dollar: Hot CPI Keeps Fed Cautious, Says Danske Bank

The US dollar remains supported after a hotter-than-expected inflation report reinforces the Federal Reserve’s cautious stance on interest rate cuts, according to analysts

  • by Jayshree
  • 2026-05-13
  • 0 Comments
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Financial trading desk with monitors showing declining EUR/USD exchange rate charts
Forex News

Euro Extends Losses Below 1.1700 as Eurozone Economic Data Disappoints Markets

The euro extended its recent decline against the US dollar on Wednesday, slipping below the 1.1700 threshold as a fresh batch of Eurozone

  • by Jayshree
  • 2026-05-13
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Close-up of a gold bar on a trading desk with soft lighting
Forex News

Gold Holds Below $4,700 as US Dollar Strengthens Ahead of PPI Data

Gold prices remain under pressure, trading below the $4,700 mark as the US dollar extends its recent gains. Market participants are now turning

  • by Jayshree
  • 2026-05-13
  • 0 Comments
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Automated robotic arms working on an electronics assembly line in a modern European factory.
Forex News

Eurozone Industrial Production Edges Up 0.2% in March, Falls Short of Forecasts

The Eurozone’s industrial sector showed modest growth in March, with production rising by 0.2% month-on-month, according to data released by Eurostat. The figure

  • by Jayshree
  • 2026-05-13
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Oil refinery at dusk with pumpjack in foreground, symbolizing rising crude prices due to geopolitical risk.
Forex News

Oil Prices Climb on Renewed Middle East Risk, Rabobank Warns

Oil prices are edging higher as fresh geopolitical tensions in the Middle East fuel supply disruption fears, according to a new analysis from

  • by Jayshree
  • 2026-05-13
  • 0 Comments
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