The FX markets kick off the week on an extremely chaotic note. Both the pound and the euro are being severely punished for the political decisions that are taken in the UK and in Italy respectively. Italy turns right As expected, the far-right candidate Giorgia Meloni won a clear majority in Italy at yesterday’s election, […]
The post The Day after Draghi appeared first on Action Forex.
WTI oil remains in a sideways mode and ranging between $80 and $90 for the second consecutive day, suggesting that the price action has temporarily stabilized after surge to near $120 per barrel on opening Read more…
Investors are assessing whether the 2022 or 2025 oil scenario will play out. Releasing reserves will not necessarily lower oil prices. The oil market is focused on two main issues: how quickly the conflict in Read more…
My years of experience reporting on Americans’ personal finance concerns have led me to understand on a deep level the reality that Social Security and Medicare face serious financial difficulties — and action needs to Read more…