WTI Crude Oil Prices Tumble as Dollar Bulls Make Big Bets on Fed Dot Plots

The WTI crude oil futures contracts January’16 [CL1.NYM], which are traded inversely correlated to the U.S. dollar, tumbled 2.51% to an intraday low of $34.63 a barrel on ...

USD/THB Could Pull Back after Fed FOMC Meeting

The USD/THB exchange rate is trading at the trendline resistance, near the 36 baht per dollar level, ahead of the U.S. Federal Reserve’s decision on a rate hike liftoff after ...

EUR/USD Technically Bullish Despite Mixed Messages from ECB Officials

The EUR/USD currency pair closed up 12 pips at 1.10 euros per dollar on Monday, after Eurostat said eurozone industrial production grew 0.6% in October after a decline in ...

S&P 500 Tanks over Concerns About U.S. Energy Junk Bond Blow-up, the Fed Probably Didn't See This Coming

The S&P 500 tumbled 1.94% on Friday, as investors raised concerns about falling crude oil prices and the U.S. junk ...

Tone of Federal Reserve’s Policy Statement Could Set Direction for the Dollar, PBoC Yuan Intervention is in the Queue

The U.S. dollar index (DXY), a weighted index of the value of the U.S. dollar relative to a basket of six major currencies ...

More Volatility Ahead for Crude Oil Markets as January’16 WTI Crude Futures Contract Expires on December 21

The WTI Crude Oil Jan'16 futures contract closed at $35.43 per barrel on Friday. The volatility associated with the oil ...

Thailand SET Fell off the Cliff into Bear Market Territory Following Diving Crude Oil Prices

The SET closed at 1,280.92 on Friday, down another 3.95% for the short trading week, a 21-month low. The index closed below 1,295.82, meaning the SET is now entering into ...

WTI Crude Oil Prices Could be Heading Even Lower as Futures Contract Rollover Looms

The spot WTI crude oil price closed down another 1.69% on Thursday, at a six-year low of $36.58 per barrel. The crude price has been on a wild ride since yesterday, when it ...

Crude Oil Volatility Index Spikes as Crude Oil Bounces Off the 7-Year Low, Don’t Go Bottom Fishing Yet

Crude oil futures for delivery in January’16 [CL1.NYM] traded down another 2.94%, to an intraday low of $36.64 per ...

EUR/JPY FX Cross Rate Struggles at Key Moving Average Level Ahead of Revised Japan GDP Data

The EUR/JPY cross rate was trading between 133.68 and 133.75 yen per euro on Monday, after Japan's economic and fiscal policy minister, Akira Amari, in a surprising move ...

S&P 500 Takes Another Round-Trip as Central Banks Turn Hawkish, Sentiment Bullish

The S&P 500 surged 2.05% on Friday, driven by the better-than-expected job reports, less-hawish comments from European Central Bank President (ECB) Mario Draghi and ...

Thailand SET Tumbled Following FAA Downgrade and CP All Insider Trading Fines, Downside Risk Persists

The SET was already jittery from the negative headline news earlier in the week and continued its downslide on Friday ...

U.S. Dollar Index Up on Technical Bounce Following Better-Than-Expected Jobs Report, Downside Risk Persists

The U.S. dollar index (DXY) bounced off the intraday low of 97.813 on Friday, after the U.S. Labor Department ...

ECB’s Hawkish Move Sent Crude Oil Skyrocketing but Will Rally Last?

The spot WTI crude oil price bounced 4.19% to an intraday high of $41.78 per barrel on Thursday, after the European Central Bank (ECB) announced after its Governing Council ...

Proprietary Traders Took the SET Down Below Key Support Level after FAA Downgrade

The SET took a 1.29% nosedive to close at 1,339.45 on Wednesday, after the Federal Aviation Administration (FAA) announced that it was downgrading Thailand's aviation ...

U.S. Dollar Index Pulls Back as U.S. Manufacturing Sector Tumbles

The U.S. dollar index (DXY) pulled back 0.38% to close at 99.82 on Tuesday, after the Institute for Supply Management (ISM) reported that its manufacturing index was 48.6 in ...

British Pound Sterling Could Remain Under Selling Pressure Until Currency Markets Begin to Worry About Weakening U.S. Economy

The GBP/USD currency pair inched 65 pips lower to close at 1.5037 dollars per British pound on Friday, after the Office ...

SET on the Verge of Breaching 1,362.26 Key Technical Support as Investor’s Sentiment Shifts to Bearish

The SET managed to close with just a 0.2% loss on Friday, following a sell-off in the telecom sector on Thursday and ...

S&P 500 Gave Muted Response to Headline News as Index is Officially in “Earnings Recession”

The S&P 500 shrugged off the announcement by Pfizer [NYSE:PFE] on Monday that the company would buy Allergan Plc [NYSE:AGN] in a deal worth $160 billion, to create ...

Crude Oil in Super Contango as Glut Persists, Don’t Go Bottom Fishing Yet

The spot WTI crude oil price has risen 4.2% since its close on Friday, after Saudi Arabia pledged on Monday to work on price stability, and Tuesday's shoot down of a Russian warplane ...