Is Crude Oil Firmly On The Upswing Now?

It appeared that the bears firmly took the reins of yesterday’s session, but most of their gains were history before the closing bell. Have we seen an important turning point for oil? Let’s start with the daily chart examination: charts courtesy of and The futures opened today 8 […]

Fed in No Hurry to Move from Sidelines, Minutes Show

(C) Reuters. By Yasin Ebrahim – Federal Reserve policymakers agreed that current stance on monetary policy was likely to remain appropriate “for a time” to sustain economic growth and support the pace of inflation, which continues to fall short of the central bank’s target. Minutes of the Fed’s Jan. […]