Crude Oil Market Update – February 18, 2025 What’s Driving the Market Today? The oil market is caught between two forces: supply concerns and demand uncertainty. Traders are watching headlines closely to see which side gains the upper hand. Why...
Expectations of a hawkish Federal Reserve, coupled with ongoing geopolitical tensions, continue to dampen investor sentiment, steering them away from riskier assets. This shift is evident in weaker equity markets and a persistent bid for safe-haven...
PAIR REVIEW USDJPY Hello! USDJPY currency pair - we will consider today, Tuesday, the chart of the D1 period. The wave structure still has an ascending character of construction, but the MACD indicator is confident in the lower sales zone and below...
Market Fundamentals: The Institute for Supply Management’s (ISM) Services PMI fell to a three-month low of 52.1, down from 56.0 in the previous month and below market expectations. This weaker-than-expected reading reflects a slowdown in the...
In Tuesday's North American session, offers are drawn to the USD/CAD pair close to the intraday high of 1.4200. Following the release of the Canadian Consumer Price Index (CPI) data for January, which indicated that price pressures escalated, the...