Crude Oil Holds High Ground Amid Commodity Bedlam as USD Pauses. Where To For WTI?

Crude Oil Holds High Ground Amid Commodity Bedlam as USD Pauses. Where To For WTI? https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2022/03/09/Crude-Oil-Holds-High-Ground-Amid-Commodity-Bedlam-as-USD-Pauses.-Where-To-For-WTI.html Crude oil remains in the headlines as the US and the UK drop Russian imports and the US Dollar gave up some ground today. Will WTI make a new high?

About Post Author

anycurrency

anycurrency@outlook.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

PBOC sets USD/CNY reference rate at 6.9678 vs. 6.9771 previous 30 January 2026

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9678 compared to the previous day's fix of 6.9771 and 6.9459 Reuters estimate.

AUD/USD falls toward 0.7000 after pulling back from three-year highs 30 January 2026

AUD/USD loses ground after three days of gains, trading around 0.7030 during the Asian hours on Friday. The pair remains subdued following the release of Australia’s Producer Price Index (PPI), which climbed 3.5% year-over-year (YoY) in the fourth quarter of 2025, the same pace as in Q3.

Gold Price Forecast: XAU/USD edges higher above $5,400 as traders await Trump’s Fed Chair pick 30 January 2026

Gold price (XAU/USD) holds positive ground around $5,405 during the early Asian session on Friday. The precious metal hit a record high near $5,600 before paring gains due to profit-taking in the previous session.

Australia Private Sector Credit (YoY) rose from previous 7.4% to 7.7% in December 30 January 2026

Australia Private Sector Credit (YoY) rose from previous 7.4% to 7.7% in December

Australia Private Sector Credit (MoM) came in at 0.8%, above forecasts (0.6%) in December 30 January 2026

Australia Private Sector Credit (MoM) came in at 0.8%, above forecasts (0.6%) in December

Australia Producer Price Index (QoQ) registered at 0.8%, below expectations (1.1%) in 4Q 30 January 2026

Australia Producer Price Index (QoQ) registered at 0.8%, below expectations (1.1%) in 4Q

Australia Producer Price Index (YoY): 3.5% (4Q) 30 January 2026

Australia Producer Price Index (YoY): 3.5% (4Q)

US President Donald Trump says he will announce Fed Chair pick Friday morning 30 January 2026

US President Donald Trump said that he will announce his choice to replace Jerome Powell as the chair of the Federal Reserve (Fed) on Friday morning, Bloomberg reported late Thursday.

US Treasury says Chinese Yuan undervalued, calling on China to allow its rate to strengthen 30 January 2026

The US Treasury stated that the Chinese Yuan is “substantially undervalued” and called on China to allow its exchange rate to strengthen in a timely and orderly way, Bloomberg reported on Thursday.

US President Donald Trump threatens 50% aircraft tariff on Canada over jet certification fight 29 January 2026

US President Donald Trump on Thursday threatened to impose a 50% tariff on all aircraft sold from Canada into the United States (US), accusing Canada of unfairly blocking certification of Gulfstream business jets.

Japan Large Retailer Sales: 2% (December) vs previous 5% 29 January 2026

Japan Large Retailer Sales: 2% (December) vs previous 5%

Japan Industrial Production (YoY): 2.6% (December) vs -2.2% 29 January 2026

Japan Industrial Production (YoY): 2.6% (December) vs -2.2%

Japan Retail Trade s.a (MoM) dipped from previous 0.6% to -2% in December 29 January 2026

Japan Retail Trade s.a (MoM) dipped from previous 0.6% to -2% in December

Japan Retail Trade (YoY) came in at -0.9% below forecasts (0.7%) in December 29 January 2026

Japan Retail Trade (YoY) came in at -0.9% below forecasts (0.7%) in December

Japan Industrial Production (MoM) registered at -0.1% above expectations (-0.4%) in December 29 January 2026

Japan Industrial Production (MoM) registered at -0.1% above expectations (-0.4%) in December

EUR/USD strengthens above 1.1950 amid US trade policy uncertainty, Fed independence concerns 29 January 2026

The EUR/USD pair gains ground to near 1.1965 during the early Asian session on Friday. Unpredictable US trade policy and questions over the independence of the Federal Reserve (Fed) weigh on the US Dollar (USD) against the Euro (EUR).

Japan’s Tokyo CPI inflation eases to 1.5% YoY in January 29 January 2026

The headline Tokyo Consumer Price Index (CPI) for January rose 1.5% YoY as compared to 2.0% in the previous month, the Statistics Bureau of Japan showed on Friday.

Japan Tokyo CPI ex Fresh Food (YoY) below forecasts (2.2%) in January: Actual (2%) 29 January 2026

Japan Tokyo CPI ex Fresh Food (YoY) below forecasts (2.2%) in January: Actual (2%)

Japan Unemployment Rate in line with expectations (2.6%) in December 29 January 2026

Japan Unemployment Rate in line with expectations (2.6%) in December

Japan Tokyo Consumer Price Index (YoY) declined to 1.5% in January from previous 2% 29 January 2026

Japan Tokyo Consumer Price Index (YoY) declined to 1.5% in January from previous 2%

Breaking News

A border inside the UK brings Northern Ireland closer to the republic December 31, 2020 at 05:09PM

A beloved Canadian soy sauce runs out December 31, 2020 at 05:09PM

Britain’s relationship with the EU will look like Switzerland’s December 31, 2020 at 05:09PM

What to expect in 2021 according to prediction markets December 31, 2020 at 05:09PM

Russia menaces Alexei Navalny after he exposed its agents’ ineptitude December 31, 2020 at 05:09PM

The next big thing in retail comes with Chinese characteristics December 31, 2020 at 05:09PM

Jobless Cambodians are catching rats to feed Vietnamese city dwellers December 31, 2020 at 05:09PM

Why Chinese tipplers like Chilean wine December 31, 2020 at 05:09PM

Pakistan has fenced itself off from Afghanistan December 31, 2020 at 05:09PM

Congress injects a further $900bn of stimulus into the American economy December 31, 2020 at 05:09PM

Crude Oil Holds High Ground Amid Commodity Bedlam as USD Pauses. Where To For WTI?

About Post Author

anycurrency

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Gold Prices at 19-Month Highs Amid Inflation Fear, ETF Inflows

How to Read a Candlestick Chart

Featured widget

Crude Oil Over Crypto

Breaking News

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Related Post

Featured widget