European gas storage levels have dropped to 79% capacity, a notable decrease compared to 89% at the same time last year and below the five-year average of 81%. This shortfall is raising alarms about potential supply shortages as winter demand...
Market participants are grappling with a complex environment defined by divergent monetary policies, fluctuating economic indicators, and evolving geopolitical risks. While optimism surrounding New Zealand’s inflation outlook offers potential...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...
The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...