Markets Europe’s aspiration to cut reliance on Russian fossil energy by two-thirds end 2022 and almost completely by 2024 became a little bit more concrete today. The continent announced an agreement with the US under which Europe will receive at least 15 billion cubic meters of additional LNG supplies. That amount may go up to […]
The post Sunset Market Commentary appeared first on Action Forex.
EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also indicated readiness to continue Read more…
A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential new medium-term downtrend phase Read more…
The New Zealand dollar has ended a five-day losing streak on Wednesday. In the European session, NZD/USD is trading at 0.5887, up 0.9% on the day. RBNZ chops rates by 50 basis points The Reserve Read more…