WTI Crude Oil Claws Back Losses as Risk Sentiment Grows

The WTI Crude Oil Futures (NYMEX: CL) gained a whopping 7.67% from the week’s lows. Despite being far off from the highs, bullish traders re-entered the market with hopes that…

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EURUSD Edges Above Prior Week’s Peak As Risk Assets Find Favor

Risk assets gained favour at the week’s open following calm restored in the banking sector as big global banks and authorities coordinated to ring-fence banks with their backs against the…

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EURJPY Reverses Losses Incurred During the Asian Session

The EURJPY currency pair has gained 1.43% as the market recovers losses incurred during the Asian Session. The Euro lost ground to the Yen as the banking sector’s fears continued…

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Dow Jones 30 Consolidates As Banking Sector Fragility Unfolds

Risk sentiment subsided as confidence in the global banking sector eroded last week. Credit Suisse spent the week on the front pages as a selloff caused by contagion from the…

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The Greenback Opens the Week On The Front Foot

The EURUSD currency pair has pared some gains from last week as the Greenback attempts to take the front foot in the new week. The investment community will try to…

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Euro Gains Ground As Risk Assets Buyers Emerge

Risk assets gained favor in Thursday trading following rescue efforts by the Swiss National Bank and large U.S. Banks, which committed $54B and $30B, respectively, to shore up liquidity in…

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Risk Appetite Restored as Market Storm Subsides

The Greenback gave up some of its gains in late Wednesday trading as markets calmed following lifelines extended to the banks showing cracks. Credit Suisse and First Republic Bank shares…

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