EUR/USD: BUYERS TO REMAIN ON THE SIDELINES UNLESS A MOVE BEYOND 1.1350 EUR/USD has regained its traction after declining below 1.1300 on Tuesday. The pair will recover bullish momentum on a break above the key resistance that seems to...
CRUDE OIL PRICES EYE $100 AHEAD OF RUSSIA SANCTIONS Global stocks were relatively mixed after Russia’s Vladimir Putin ordered his troops to move to two Ukrainian regions for “peacemaking.” He said that after he agreed to recognise the two...
CRUDE OIL AND GOLD PRICES JUMP AS INVASION WORRIES RISE US futures declined in early trading as geopolitical fears rose. Those tied to the Dow Jones declined by about 200 points while S&P 500 fell by about 35 points....
EUR/USD TO DIP TOWARDS 1.11 BEFORE TURNING HIGHER LATER IN THE YEAR – RABOBANK The safe-haven US dollar has given back some ground versus the euro. Still, economists at Rabobank expect the EUR/USD pair to edge lower towards 1.11...
GBPUSD STEADY AS UK BUSINESS ACTIVITY SOARS The British pound moved sideways on Monday as Prime Minister Johnson is expected to end Covid restrictions in England. The government believes that risks to the population are significantly lower now that...
GOLD AND SILVER PRICES JUMP AS UKRAINIAN RISKS RISE Gold has become a winner amid escalating tensions between western countries and Russia. Investors have rushed to safe havens like gold, pushing its price to the highest level since June...
AUD/USD PRICE ANALYSIS: EASES FROM FOUR-MONTH-OLD RESISTANCE AROUND 0.7200 AUD/USD retreats from intraday high, seesaws around the key resistance line after multiple failures to pierce it. Momentum line signals further upside, 100-DMA acts as extra hurdle to the north....
EUR/JPY IS UNDER PRESSURE AS TRADERS WEIGH THE UKRAINE CRISIS EUR/JPY is under pressure as traders await developments to unfold over the Ukraine crisis. Risk-off is supporting the yen, sinking global stocks. Vladimir Putin signed a decree that recognises...
CRUDE OIL JUMPS AS SUPPLY AND DEMAND IMBALANCE CONTINUES The US dollar was little changed in the overnight session after the latest US retail sales numbers and the Federal Reserve minutes. According to the country’s statistics agency, retail sales...
US DOLLAR MOVES SIDEWAYS AHEAD OF FOMC MINUTES The British pound was little changed after the Office of National Statistics (ONS) published the latest consumer inflation data. The numbers revealed that the headline and core inflation rose on a...
