FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
Oil: reserves are growing, production is increasing
Oil prices drop on Thursday amid an increase in stocks of fuel products in the United States. At the same time, OPEC+ agreed on actions for August - to raise...
Oil prices rise due to limited supplies
The burning topic of the commodity market in recent weeks is the high probability of a significant reduction in the supply of energy resources. Oil prices continue to rise...
Oil continues to rise
On Monday, oil continued to rise due to investors' expectations of new sanctions against Russia. Brent crude oil futures for August at London's ICE Futures Exchange advanced by 1.47%...
Oil prices continue to fall, because a recession is almost inevitable
Oil prices continue to fall due to expectations of a global economic slowdown, which intensified after the speech of US Federal Reserve Chairman Jerome Powell. Oil quotes accelerated their fall...
UK inflation rate reaches 40-year high
The pound sterling has been declining more sharply against the US dollar. The key factor of the decline is the acceleration of inflation in Great Britain to a record high...
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Oil prices rise as demand outstrips supply
On Tuesday, crude oil prices regained lost ground following last week's downtrend, as investors expect demand for the commodity to surge amid speculation about a possible recession. The economic downturn...
Oil is getting cheaper, but promises to return the lost
Oil quotes are falling on Friday. Amid tightening monetary policy of the world's leading economies, expectations of a strong slowdown in economic growth, which risks leading to a significant drop...
The Bank of England has raised rates, the pound is holding positions
During the June meeting, the Bank of England decided to raise the base interest rate by 25 bps. The British currency initially declined against the dollar, and later suddenly moved...
Oil is falling in price again on Biden's reports and news about an increase in reserves in the United States
Oil is getting cheaper during Wednesday's trading due to reports by US President Joe Biden about an increase in gasoline production in the country, as well as amid the release...