In my morning forecast, I paid attention to the level of 1.0434 and recommended to make decisions on entering the market from it. Let’s look at the 5-minute chart and see what happened there....
To open long positions on GBP/USD, you need: Buyers of the British pound have no reason to increase their long positions. Today’s statistics have become this confirmation. Inflation-adjusted household incomes fell 0.2% in the...
The US dollar has been like a wrecking ball against almost everything, including the euro. If interest rates continue to rise in America, then it’s likely that the euro will suffer as a result. Ultimately,...
On Wednesday, the US dollar pulled back against the Brazilian real as a reaction to the recent breakout. It now appears that the 5.2 BRL level should offer support, as it was previous resistance. We have finished...
Biden said that he hopes Gulf countries will see that it’s in their own interest to raise production. Today OPEC+ decided to stick to the production increase it pre-announced last month. WTI has been...
Moscow. 30 June. INTERFAX.RU – The share of Ukrainian food, including wheat, on the world market is too small to influence the global food situation, Russian President Vladimir Putin said. „Recently, the issue related to the...
In such a scenario, Europe will have to reduce gas consumption in the winter by 30%, Fatih Birol, executive director of the International Energy Agency, believes. Natural gas futures in Europe in euros per MWh. Data:...
Looks like US oil inventory data is going to be delayed again this week China state planner vice-head says no to flood-like stimulus Investment firm seeks to wind up Chinese property firm Evergrande S&P...
JP Morgan on cryptocurrency. Analysts at the bank say that miners of Bitcoin needing to sell could weigh on the token’s price for some time still to come. Public-listed miners (circa 20% of the...
8am New York time, which is 1200 GMT: Federal Reserve Bank of Richmond President Thomas Barkin speaks in person on the economic outlook before the Halifax County Chamber of Commerce 12:30pm New York time,...