EUR/USD hovering at $1.0743

Source: WBP Online
The shared currency was witnessed marginally lower against the Greenback, primarily driven by a possible rate increase in December. The Euro edged 0.07% lower reaching $1.0743. The single currency had tumbled to $1.0707, the lowest level since April, just after outstanding US employment data. Due to the European calendar offering rather minor data, it is not likely that it will broadly influence the EUR/USD direction. Therefore, the main focus remains on the December rate increase. 
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Tue, 10 Nov 2015 10:11:07 GMT

Oil set for moderate recovery

According to the latest IEA report, oil markets are slowly rebalancing and crude prices are recovering. The Agency forecast the oil prices to be in the $80 per barrel range by 2020, with further price increases thereafter. The IEA stated that demand would gradually rise to 2020, adding on average about 900,000 barrels per day on year and moderately increasing

Fri, 06 Nov 2015 15:09:04 GMT

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