Markets Russia is hurrying to defend its tanking currency in the wake of new sanctions announced by Europe and the US. By cutting the Bank of Russia’s access to its international reserves, they prevent the central bank from cushioning the blow on the currency and economy. The US Treasury Department later added more sanctions, banning […]
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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…