Light/USD: US Crude Oil Inventories

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Oil prices increased volatility during the release of the US Crude Oil Inventories at 14:30 GMT. Initially, the price dropped by nearly 20 base points. However, immediately buy orders of the retail sector went through and pushed the price higher by 44 base points.

The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of 6.7M, compare to forecasted 3.6M.

"The report is mixed due to the dueling large build in crude oil inventories and steep decline in gasoline and distillate fuels," said John Kilduff, a partner at Again Capital Management in New York.

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Historical Data Table: Crude Oil Inventories  Economic Calendar for 25.10.2018
           
Date 26.09.2018 03.10.2018 11.10.2018 17.10.2018 24.10.2018 11:45 AM EUR Main Refinancing Rate
Actual 1.9M 8M 6M 6.5M 6.3M 12:30 PM EUR ECB Press Conference
Forecast -0.7M 1.1M 2.3M 1.6M 3.6M 12:30 PM US Core Durable Goods Orders m/m
           
Initial Reaction on Main Pairs SWFX Sentiment Indexes
           
  Open Price Close Price % Change   Longs Shorts
Light/USD 66.842 66.928 0.13% Light/USD 63.54% 36.46%
Brent/USD 76.516 76.606 0.12% Brent/USD 40.44% 59.56%
USD/CAD 1.29959 1.29926 -0.03% USD/CAD 52.72% 47.28%
USD/RUB 65.45735 65.4601 0.00% USD/RUB 51.07% 48.93%
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Thu, 25 Oct 2018 12:39:14 GMT

EUR/USD: EU Main Refinancing Rate

The European Single Currency depreciated against the US Dollar, following the EU Main Refinancing Rate data release on Thursday at 11:45 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.07% during a minute, right after the release. The European Single Currency continued trading at the 1.141.00 area.

Wed, 24 Oct 2018 15:16:19 GMT

USD/CAD: CAD Overnight Rate

The US Dollar depreciated against the Canadian Dollar, following the CAD Overnight Rate data release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate lost 44 pips or 0.33% during a minute, right after the release. The US Dollar continued trading at the 1.3000 area.

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