Running out of gas, Europe seeks to ramp up LNG imports The gas issue threatens to derail Europe’s economy. Natural gas reserves in the EU are depleting rapidly, demanding determined efforts to resolve the situation. According to a MUFG report, the...
Technical analysis of EURUSD EUR/USD market price is showing a bearish trend in the 1-hour time frame. The market price is currently below the 50-day simple moving average, and if the market price stays below this moving average, support is still...
Central banks of Sweden and Norway prepare to lower rates Experts from Nordea Bank Abp predict the completion of the current cycle of monetary policy easing by the central banks of Sweden and Norway over the next six months. This development is...
Another reason traders may not want to reduce their euro short positions is ahead of tomorrow's release of the eurozone flash PMis for January. Another dire set of confidence readings will only encourage the ECB to look through the tick-up in...
Technical analysis of GBPUSD Today we will perform a technical analysis on GBP/USD. For this, technical analysis is required; we use different types of levels and indicators. If you look at the GBP/USD h1 time frame, the market price is currently in...
