Traders Indecisive on FTSE 100’s Direction

The FTSE 100 (LSE: UKX) has bounced between bulls and bears as neither side has gained enough traction to take the index in one direction.   Despite risk assets losing out…

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WTI Crude Oil Inventory Declines For the First Time in 10 Weeks

WTI Crude Oil Futures (NYMEX: CL) broke a 10-week streak of inventory builds as inventories fell by 1.7M, compared with a build of 395K estimated. The sharp drop in inventories…

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EURGBP Loses Momentum At Key Supply Zone

The EURGBP currency pair rally has stalled at a crucial level where market dynamics lean more towards supply, considering the steep drop-off that has occurred at the level previously.   Following…

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EURUSD Bulls Left Out to Dry as Hawks Prevail

The EURUSD currency pair bulls took their last breath in Tuesday's trading as hawkishness prevailed following Fed Chair Jerome Powell's affirmation of further aggressive rate hikes to fight inflation.   The…

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What is Short-Selling?

Short selling is an investment or trading strategy based on speculation, and it involves selling a security or stock that a trader does not own. A trader believes the stock…

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S&P500 Flat Ahead of Federal Reserve Chair’s Testimony

Traders have taken a step back from the S&P 500 futures (CME: ES) market in Tuesday’s trading ahead of the U.S. Federal Chair’s testimony.   Equities, which are prone to high-interest…

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