US futures are set for a negative start, parring some of last week’s impressive gains with the Fed’s tightening plans in focus and the prospect of higher inflation as the EU bans most Russian oil imports. US futures Dow futures -1.1% at 32930 S&P futures -1.3% at 4124 Nasdaq futures -1.6% at 12605 In Europe […]
The post Stocks Fall as Oil Rises and Inflation, Fed Fears Return appeared first on Action Forex.
Daily Pivots: (S1) 0.6219; (P) 0.6247; (R1) 0.6278; More… Intraday bias in AUD/USD remains neutral for sideway trading above 0.6198. Consolidations should be relatively brief as long as 0.6336 support turned resistance holds. Break of Read more…
As markets wind down for the year-end holiday period, forex trading activity turns subdued, with limited momentum across major pairs. Dollar, while maintaining its position as the strongest currency of the month, is facing challenges Read more…
Natural gas prices climbed to a nearly two-year high, driven by immediate weather-related demand and a bullish long-term outlook for global energy consumption. In the short term, forecasts for below-average temperatures across the northern hemisphere—including Read more…