Portuguese ECB Governing Council member Mario Centeno welcomed the return of Eurozone inflation to the 2% target, calling it “very good news.” However, he also stressed that the ECB remains focused on assessing incoming data. Centeno told Bloomberg TV that the ECB is “monitoring all possible numbers” and assessing various aspects of the Eurozone’s 20-member […]
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As we head into this volatile week, the economic calendar is being viewed through a “dual-lens”: the cold, hard data from February (pre-war) versus the reality of $110+ oil prices and the de facto closure Read more…
WTI crude oil surged above 110 mark at the start of the week, extending an explosive rally that has already lifted prices roughly 50% since the Middle East conflict began on February 28. The latest Read more…
Key Highlights EUR/USD declined heavily below 1.1620 and 1.1600. A major bearish trend line is forming with resistance at 1.1765 on the 4-hour chart. Crude oil prices surged above $100 and $110 amid the ongoing Read more…