News | Forex Optimum



Commodities. Daily history for Wednesday, September 16, 2020

Raw materials Closed Change, %
Brent 42.05 4.06
Silver 27.14 0.22
Gold 1959.017 0.29
Palladium 2391.09 -0.22

You may also be interested:

14:13 18.09.2020
USD/CAD: Critical 1.3254/72 resistance area caps with support seen at 1.3128 - Credit Suisse
FXStreet reports that economists at Credit Suisse note that the USD/CAD pair has seen a sharp rejection from the crucial resistance at 1.3254/72 with support seen at 1.3128.“USD/CAD has not managed to follow through on the upside as expected and has seen weakness take over again in line with our medium-term bearish bias. With this in mind, we see support initially at 1.3137, beneath which would see a move back to 1.3128 and 1.3119. Beyond here would see a test of the back of the broken March
13:44 18.09.2020
FOMC meeting: Low rates for longer - UOB
FXStreet reports that Senior Economist at UOB Group Alvin Liew reviewed the key FOMC event.“In a significantly re-worded FOMC policy statement, the Federal Reserve in September 2020 kept policy rates unchanged... This reflects the Fed’s recent review and adopting of a new strategy of Average Inflation Targeting (AIT) and putting emphasis on "broad and inclusive" employment.”“According to its updated September summary of economic projections, the FOMC will keep its policy rates at 0.0%-0.25%
13:26 18.09.2020
USD: Dollar gains fading - ING
Petr Krpata, an FX strategist at ING, notes that cyclical currencies have stabilised overnight following their post-FOMC decline."Given the strong narrative of low US negative real rates for longer, we don’t expect periods of USD gains to be pronounced and long-lived.""The recent move in oil prices higher should also help cyclical FX vs USD today. Although there was no change to the OPEC+ deal yesterday, the Saudis put renewed pressure on members who are falling short of the deal, to be
Bonuses VIP