Russia

TRADE THE FOREX MARKET WITH GUIDANCE

Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support.

Open An Account

Crude oil regains poise

October 25, 2016 12:31 PM
Crude prices have been able to recoup a big chunk of the losses they suffered on Monday afternoon. At the time of this writing, Brent oil was trading at $51.60 a barrel, a good $1 better off compared to the low hit on Monday, while WTI was trading at $50.75, likewise $1 higher from its corresponding low.

Crude oil rebounds from critical price level

September 7, 2016 7:43 PM
Since Friday, the West Texas Intermediate (WTI) US benchmark for crude oil has been rebounding from a critical price juncture around the $43 level. This rise has been driven primarily by tentative hopes for an agreement among Russia, Saudi Arabia, and potentially other OPEC members to limit oil production in the interest of steadying crude prices. A...

Another crude roller-coaster ride for oil traders

September 5, 2016 6:00 PM
North American investors are away in observance of the Labor Day. Understandably, it has been a quiet day in FX, bond and stock markets. But for one particular market, it has been an exceptionally volatile day. Crude oil took a roller coaster ride, rising nearly 5% this morning before giving up much of those gains.