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...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning. I'll be writing an essay today regarding how prices are behaving right now on the Crude oil market. Crude oil is trading at 71.46 at the time of writing. The USD index is testing the...
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...
Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello and Good Morning. Without wasting time we move on to our topic. First of all, we discuss the technical analysis of AUD/USD. AUD/USD is trading at 0.6325 at the time of writing. This time frame...
