Oil market experienced significant volatility on the first trading day of the year. Initially, oil prices saw an uptick, fueled by concerns over supply disruptions linked to escalating tensions in the Red Sea region, a vital gateway to the Suez Canal. This surge was triggered by an incident where US helicopters thwarted an attack by […]
The post WTI oil heading back to 67.79 after initial volatility appeared first on Action Forex.
Yesterday offered a moment of relief for some investors amid the Trump euphoria sweeping through the markets. The nomination of Scott Bessent for Treasury Secretary resonated well across investment communities as the man – who Read more…
In focus today Tonight, FOMC will publish minutes from its November meeting. Markets remain divided over whether the Fed will continue cutting rates in December, so any clues about the most likely policy rate path Read more…
Daily Pivots: (S1) 1.0453; (P) 1.0492; (R1) 1.0534; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could be seen above 1.0330 temporary low but further decline is expected as long Read more…