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Crude Oil price today: WTI price bullish at European opening

Posted on May 7, 2025

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $59.35 per barrel, up from Tuesday’s close at $58.71.

German Factory Orders jump 3.6% MoM in March vs. 1.3% expected

Posted on May 7, 2025

The official data published by the Federal Statistics Office showed Wednesday that Germany’s Factory Orders jumped more than expected in March, suggesting that the country’s manufacturing sector has picked up momentum.

EUR/USD Price Forecast: Tests support around 1.1350, upside appears due to bullish bias

Posted on May 7, 2025

EUR/USD retraces its recent gains from the previous session, hovering near 1.1360 during Wednesday’s Asian session. Technical analysis on the daily chart continues to show a bullish bias, with the pair staying within an ascending channel pattern.

GBP/USD Price Forecast: Slides to mid-1.3300s amid some USD buying ahead of Fed decision

Posted on May 7, 2025

The GBP/USD pair attracts some sellers during the Asian session on Wednesday and erodes a part of its weekly gains registered over the past two days, to the 1.3400 mark. The intraday slide is sponsored by a modest US Dollar (USD) strength and drags spo…

China’s President Xi: We must firmly maintain post-war international order

Posted on May 7, 2025

Chinese President Xi Jinping said on Wednesday, “we must firmly maintain post-war international order.”

WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks

Posted on May 7, 2025

West Texas Intermediate (WTI) US Crude Oil prices gain some follow-through positive traction on Wednesday and climb to a one-week high during the Asian session.

Silver Price Forecast: XAG/USD trades lower near $33.00 due to US-China trade talks

Posted on May 7, 2025

Silver (XAG/USD) retreated on Wednesday during Asian trading hours, hovering around $33.00 per troy ounce after two consecutive days of gains.

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Recent Posts

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  • GBP/USD expected to be between 1.3300 and 1.3400 – UOB Group
  • Eurozone Retail Sales rise 1.5% YoY in March vs. 1.6% expected

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