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...
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...
EUR/JPY EUR/JPY Outlook: As we enter 2025, the EUR/JPY currency pair is once again in focus, reflecting the ongoing struggle between Europe's economic resilience and Japan’s weak currency policies. Currently trading around ¥163.17, the pair is...
The US dollar saw an initial decline against the Japanese yen, but rebounded and showed signs of renewed strength. This move suggests a potential move into positive territory as the market appears poised for a recovery. A key level to watch is the...