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The crude oil price chart on the H1 timeframe shows a clear downtrend, characterized by a series of lower highs and lower lows, indicating persistent selling pressure. The Bollinger Bands suggest that the price has been moving close to the lower...
The People's Bank of China (PBOC) Governor, Pan Gongsheng, reaffirmed the central bank’s commitment to maintaining ample liquidity through interest rate and reserve requirement ratio (RRR) adjustments. He also emphasized China’s role as a key driver...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
Crude oil prices weakened significantly as Israel refrained from targeting Iran’s oil and energy infrastructure in its recent retaliatory strikes, easing concerns about potential supply disruptions. Over the weekend, Israel launched precision...