NEWS: WTI crude threatens the May lows in 3% fall (update: it breaks) May 19, 2021 at 03:01PM

NEWS: WTI crude threatens the May lows in 3% fall (update: it breaks) May 19, 2021 at 03:01PM

Oil under pressure
The risk off mood in markets combined with risks around an Iran nuclear deal (I believe it’s coming) have put crude in a prearious place.
WTI is down $2.37 to $63.12 today. That’s just above the May low of $62.92. We could see an acceleration of selling on a break.

Continue Reading:…

Search Web: WTI crude threatens the May lows in 3% fall (update: it breaks)

HN4MAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

About Post Author

fonecablecom

marketing@fonecable.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

FL NEWS

EUR/USD trades near multi-week highs amid softer US Dollar, cautious Fed outlook 15 December 2025

The Euro (EUR) strengthens against the US Dollar (USD) on Monday as the Greenback remains under sustained pressure following last week’s 25 basis point (bps) interest rate cut by the Federal Reserve (Fed). At the time of writing, EUR/USD is trading around 1.1760, its highest level since October 1.

Fed's Williams: It is critical for the US central bank to get inflation back to 2% 15 December 2025

Federal Reserve (Fed) Bank of New York President John Williams said that he projects the jobless rate will come back down over the next few years at an event hosted by the New Jersey Bankers Association. Audience questions expected on Monday.

Canada: Home sales remained flat in November – NBC 15 December 2025

Canadian home sales were broadly unchanged in November, with weakness across most provinces offset by gains in the West.

GBP/USD nears 1.3400 as traders brace for BoE cut 15 December 2025

GBP/USD advances during the North American session up 0.28% amid a scarce economic docket but following the Federal Reserve’s last week’s monetary policy decision, in which the central bank hinted a possible pause loom.

Colombia Retail Sales (YoY) below forecasts (12%) in October: Actual (10%) 15 December 2025

Colombia Retail Sales (YoY) below forecasts (12%) in October: Actual (10%)

United States NAHB Housing Market Index above forecasts (38) in December: Actual (39) 15 December 2025

United States NAHB Housing Market Index above forecasts (38) in December: Actual (39)

Fed’s Miran: I expect a faster fall in PCE shelter inflation 15 December 2025

Federal Reserve (Fed) Governor Stephen Miran stated that tariffs aren't driving higher inflation in goods and argued that the measure of underlying inflation is near 2% on Monday at Columbia University's Institute of Global Politics, in New York.

Gold stays supported amid cautious Fed outlook and geopolitical risks 15 December 2025

Gold (XAU/USD) kicks off the week on a firm footing, extending its advance for a fifth consecutive day as uncertainty over the Federal Reserve’s (Fed) monetary policy outlook keeps traders defensive.

USD/CAD holds firm after Canada CPI misses forecasts 15 December 2025

The Canadian Dollar (CAD) trims part of its earlier gains against the US Dollar (USD) on Monday as traders digest the latest inflation data from Canada.

JPY rises sharply on Tankan Survey, USD/JPY hits 155 – Scotiabank 15 December 2025

The Japanese Yen (JPY) strengthened 0.5% against the US Dollar (USD), pushing USD/JPY down to the key 155 level, as investors digested the Q4 Tankan business survey. Technical indicators are turning bearish, with the RSI dipping below 50.

NZD weakens after RBNZ signals cautious policy – BBH 15 December 2025

The New Zealand Dollar (NZD) underperformed across G10 currencies after Reserve Bank of New Zealand (RBNZ) Governor Anna Breman dampened market expectations for rate hikes in 2026, BBH FX analysts report.

GBP edges up ahead of busy UK data week – Scotiabank 15 December 2025

The Pound Sterling (GBP) gained slightly against the US Dollar (USD) as markets prepare for a heavy UK data calendar ahead of Thursday’s Bank of England meeting.

USD/CNH drops below 7.0500, lowest since October 2024 – BBH 15 December 2025

USD/CNH fell below 7.0500, marking its lowest level since October 2024, amid weak November real sector data from China. Slower retail sales, subdued industrial production, and a sharper-than-expected drop in fixed asset investment highlight ongoing economic softness.

EUR steady in mid-1.17s ahead of ECB Thursday – Scotiabank 15 December 2025

The Euro (EUR) is steady, trading in a tight range in the mid 1.17s and entering Monday’s NA session with a fractional gain vs. the US Dollar (USD).

USD/CAD remains heavy near 1.3765 – BBH 15 December 2025

USD/CAD is trading near recent lows around 1.3765 following the Bank of Canada’s (BOC) decision to hold its policy rate at 2.25%.

CAD holds steady near Friday’s close against USD – Scotiabank 15 December 2025

The Canadian Dollar (CAD) remains near Friday’s closing level versus the US Dollar (USD), trading just below its estimated fair value of 1.3798.

Pound Sterling Price News and Forecast: GBP soft UK GDP pressures sterling 15 December 2025

The Pound Sterling (GBP) starts the Bank of England’s (BoE) monetary policy week on a cautious note against its major peers.

USD/JPY holds near 155 amid strong Tankan survey – BBH 15 December 2025

USD/JPY trades near 155.00 following a strong Q4 Tankan survey, with Japan’s all-industries business conditions index rising to 17, the highest since Q3 2018, BBH FX analysts report.

Surfing the market waves: How the blue box Shapes Hecla Mining (HL) 15 December 2025

Hecla Mining (HL) has shown strong revenue growth in 2025, climbing to $1.33 billion, up 43% year-over-year, while earnings per share surged to $0.38 from $0.06.

USD edges lower, focus on US data – Scotiabank 15 December 2025

The US Dollar (USD) is tracking a little lower on the session in broad, Dollar Index (DXY) terms but losses remain relatively contained and the index is holding a little above last week’s low. The CNY continues to strengthen, meanwhile, giving much of the Asian FX complex a lift.

Breaking News

Oil under pressure The risk off mood in markets combined with risks around an Iran nuclear deal (I believe it’s coming) have put crude in a prearious place. WTI is down $2.37 to $63.12 today. That’s just above the May low of $62.92. We could see an acceleration of selling on a break.

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

July Reports

ADVERTISEMENT

Related Post

Featured widget

Oil under pressure
The risk off mood in markets combined with risks around an Iran nuclear deal (I believe it’s coming) have put crude in a prearious place.
WTI is down $2.37 to $63.12 today. That’s just above the May low of $62.92. We could see an acceleration of selling on a break.