The Canadian Dollar (CAD) is showing a mixed but mostly negative performance against the U.S. Dollar (USD) on Friday after data showed a better than expected slump in Canadian retail sales. In addition, with improving daily performance by oil futures, the Canadian is gaining relative support as a commodity currency …

The U.S. Dollar (USD) is trading higher on Friday, maintaining a mostly positive performance against other currencies, in the absence of major economic data in the United States, other than the IHS Markit PMI. The flash U.S. Composite Output Index declined to 59.7 in July, down from 63.7 in June, …

The French government has rejected the recent request by the United Kingdom to renegotiate the post-Brexit arrangement for Northern Ireland. The French Minister of Europe and Foreign Affairs, Clement Beaune, dismissed accusations of European dominance regarding the issue, Reuters reported. “The European Union has dedicated days and nights for the …

The Euro (EUR) declined on Thursday against the U.S. Dollar (USD), after the European Central Bank (ECB) announced new monetary policy targets that suggest extending support for longer to ensure the Eurozone economic recovery while boosting inflation that has been low for nearly a decade. The EUR/USD pair declined by …

U.S. stocks finished Thursday with modest gains, maintaining a rising trend for the third consecutive session, as Wall Street investors shook off concerns about recovery after data showed a surge in jobless claims last week. The Dow Jones Industrial Average gained 25.35 points, or 0.07%, to close at 34,823.35 points. …

Oil prices rose on Thursday to their highest level in about a week, maintaining an upwards trend for the third consecutive session. Despite concerns about the resurgence of the coronavirus with the spread of the Delta variant, crude futures seem to be supported by positive expectations for demand recovery during …

Gold futures for July delivery rose on Thursday, amid a deterioration in the risk appetite among investors after data showed a surge in jobless claims in the U.S., promoting more concerns about the recovery from the pandemic. The yellow metal’s gains also come amid fluctuations by the U.S. Dollar (USD) …

The U.S. Dollar (USD) rose on Thursday after data showed an increase in jobless claims in the United States. Last week’s data showed that the labor market is yet to recover and restore its pre-pandemic strength, which reflected negatively on investors’ risk appetite. The Dollar Index (DXY), which measures the …

The Chinese government has on Thursday rejected the World Health Organization’s (WHO) plan for the second phase of an investigation into the origins of the novel coronavirus (COVID-19) that caused a global pandemic. The plan reportedly includes inspecting the hypothesis that the virus could have escaped from a Chinese laboratory, …

Natural gas inventories in the United States increased by 49 billion cubic feet for the week ending July 16, the U.S. Energy Information Administration (EIA) reported on Thursday. Total natural gas stockpiles reached 2.678 trillion cubic feet, down by 532 billion cubic feet compared with the same time last year. …