GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
The main events by the morning: January 29 The European Union plans to abandon Russian aluminum within a year. The EU intends to introduce a phased ban on imports of Russian aluminum as part of the 16th package of sanctions. Also, in accordance with...
The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, stated that concerns over a near-term, full-scale Middle East conflict have diminished following limited exchanges of fire between Israel and Hezbollah in Lebanon without...
