News | Forex Optimum

News

News

Oil Prices Fall on Rising U.S. Inventories, Worries of Oversupply

  • 20% Drop From Recent High Ends WTI's Longest Bull Market Since 2008

You may also be interested:

10:20 23.04.2019
GBP/USD on the defensive - Commerzbank
Karen Jones, analyst at Commerzbank, suggests that the GBP/USD pair is on the defensive while capped by the 20 day ma at 1.3086 and has eased back to the 200 day ma at 1.2966.“This is also the location of the 1.2966 20 week ma and the double Fibo retracement at 1.2900/1.2895, this is pretty solid support that is expected to hold the initial test. This guards the recent low at 1.2772. Above 1.3217 (25th January high) will introduce scope up to the 1.3351/82 resistance. The market recently reached
10:00 23.04.2019
It would be a ‘mistake’ for the US to start a trade war with the EU - former ambassador
With the U.S. and China seemingly nearing the conclusion of a trade deal, many experts have predicted that Washington could next turn up tensions with the European Union.But it would be a mistake if the Trump administration decided to impose additional tariffs on European products because of such differences, according to Anthony Gardner, who served as American ambassador to the EU from 2014 to 2017.“That would be a mistake, if that is the position that Washington is going to take. And the
09:40 23.04.2019
Goldman Sachs: removal of Iran oil sanctions waivers to have limited impact
Goldman Sachs expects the US decision to end waivers from sanctions on imports of Iranian oil to have a limited impact on prices, even though the timing of the halt is much more sudden than expected."While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019," the bank wrote in a note.The bank still expects declining prices into 2020 due to better supplied markets next year and high
Deposit
options
Trading
platform
download
Bonuses VIP