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Oil at Five-month Low as Iran Positions for Post-sanction Exports

Oil at Five-month Low as Iran Positions for Post-sanction Exports

33 minutes ago (Nathalie Huynh,)

Oil staged big loss as reports of projected Iranian oil heightened an existing supply glut. Both WTI and Brent oil are at their multi-month lows »

Pound Response to PMI Data Likely Limited as BOE Looms Ahead

Pound Response to PMI Data Likely Limited as BOE Looms Ahead

59 minutes ago (Ilya Spivak, Currency Strategist)

The British Pound may not see a lasting response to July’s manufacturing PMI report as traders withhold directional conviction ahead of this week’s BOE rate decision. »

Crude Oil Technical Analysis: Aiming to Extend Down Move

Crude Oil Technical Analysis: Aiming to Extend Down Move

3:44am today (Ilya Spivak, Currency Strategist)

Crude oil prices look poised to extend losses after a drop through the March low delivered the weakest levels in six months. »

Gold Technical Analysis: Range-Bound Trade Continues

Gold Technical Analysis: Range-Bound Trade Continues

3:40am today (Ilya Spivak, Currency Strategist)

Gold continues to tread water in a well-defined range near the $1100/oz figure as prices await a new directional catalyst. »

US Dollar Technical Analysis: Sideways Consolidation Continues

US Dollar Technical Analysis: Sideways Consolidation Continues

2:56am today (Ilya Spivak, Currency Strategist)

To receive Ilya's analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11985, 11937, 11898 Resista... »

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