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Oil Prices Remain Above $ 40

Crude oil prices continued to trade above $ 40 a barrel, but the resulting fears of a growing number of Covid-19 cases around the world, especially the United States, are limiting the rise in oil prices. Brent crude contracts reached levels of $ 43.32 a barrel, up by 1.12% on …

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FX option expiries for July 7 NY cut

FX option expiries for July 7 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1265 909m1.1275 590m1.1335 521m1.1345 1.2bn1.1450 521m – GBP/USD: GBP amounts         1.2650 250m – USD/JPY: USD amounts          107.00 401m  – AUD/USD: AUD amounts 0.6915 633m  – NZD/USD: NZD amounts 0.6520 676m 

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Bitcoin Rises After Two Sessions of Decline

Bitcoin rose during today’s trading session, after falling for two consecutive sessions, which pushed the cryptocurrency to decline near the level of $ 8955, but quickly rose in recent hours by 3.1% to $ 9250 levels. The currency was in a raising wave close to $ 4000. The cryptocurrency is …

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Eurozone Retail Sales Up in May

Eurostat figures reported on Monday showed that sales in the Eurozone increased with the easing of lockdown in the countries of the region, which revived sales surprisingly after its collapse in March and April. Eurostat reported that retail sales in the Eurozone rose 17.8% in May compared to-9.9 in April, …

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Oil Jumps Despite Demand Concerns

Brent crude rose during the Asian session and at the beginning of the European session on reliable economic data despite the increasing of Corona cases and its impact on oil demand. Brent crude futures rose to $ 43.42, or 1.43%, as US oil inventories fell more than expected last week, …

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Euro in Recovery Thanks to Germany

Euro

Euro posted gains at the start of the European session on Monday; these gains come after reliable German data and coronavirus stimulus plan. The EUR/USD pair reached 1.1298 at 10:15 GMT, with an increase of 0.46%, while Euro rose against British pound to 0.904, by 0.35% German factory orders increased …

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