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Here is what you need to know on Wednesday, March 27: The Japanese Yen (JPY) continued to weaken against the US Dollar (USD), with USD/JPY reaching its highest level since 1990 near 152.00 early Wednesday.
Oil prices are retreating on Wednesday, with traders gasping for air after seeing the overnight print from the American Petroleum Institute (API), which saw a massive 9.337 million build-up in US stockpiles. A number not to ignore as it means that
Gold price is treading water near $2,170 early Tuesday, consolidating the previous rebound to the $2,181 level.
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.00 on Tuesday.
Gold Price (XAU/USD) extends its upside above the mid-$2,150 during the early Asian trading hours on Tuesday.