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The Greenback gains following positive U.S economic news and gasoline rises in straight eight days on Harvey impact

Oil prices slipped and gasoline advanced as Hurricane Harvey in Texas continued to pound the energy-rich Gulf of Mexico coast. U.S WTI crude futures was trading at $45.96 per barrel in the early trading and Brent crude was at $50.87 per barrel, flat from its last close. The storm is estimated to be the worst in U.S history in terms of financial cost with some analysts pegging the cost at $160 billion. Read more on site! goo.gl/UWUpJD


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Fundamental Analysis 28 June 2017

In the UK, supermarket owners celebrate the industry's highest growth rates in five years. Sales growth is impressive: 5% over the last three months, while food prices grew by 3.2%. Also, yesterday the Bank of England released Financial Stability Report, which occurs just twice a year and this data is influential for UK economy. Read more about another economy news on site right now! goo.gl/5mWVka

USD at key support as buyers struggle

USD continue to lose position, in commodities gold grows, so bulls will find how to use geopolitical instability as support for attacking the key 1300. Crude oil currently continue go lower, because of it traders must checking it position more attentively. Read more on site right now!  goo.gl/53Ka6s

Terror attacks in Spain adds unease in global markets

After terrorist attack in Spain Asian stocks slid globally and the dollar wavered on the concerns that President Trump will not be able to fulfil his economic agenda. In the commodities market, oil prices pulled back after recent gains. U.S crude dropped 0.3 percent in the early session and the global benchmark Brent slid 0.4 percent to $50.85 per barrel in early trading today. Read more on cite! goo.gl/bUkBX3 Copy short URL