EUR/USD ANALYSIS Weak US dollar providing sustenance for EUR. ECB officials in focus today. EUR/USD hits overbought zone on RSI, is bullish momentum fading? Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s
Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ
Share: Oil prices are likely to settle around $80/bbl, strategists at ANZ Bank report. Saudi Arabia may extend cuts as Oil market tightness eases Tightness in the Oil market has eased as growth in non-OPEC supply has more than offset strong demand. A balanced Oil market now remains reliant on production cuts being
EUR/USD, PRICE FORECAST: MOST READ: Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses The Euro continues to hold the high ground against the Greenback following Tuesday’s explosive move to the upside. EURUSD is currently trading between two key levels with support provided around the 1.0840 handle and resistance
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts Download our Q4 Equities trading Forecast Below: Recommended by IG Get Your Free Equities Forecast FTSE 100 tries to begin the week on a positive footing The FTSE 100 has come off Thursday’s 7,466 high amid hawkish comments
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Share: Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report. Oil and Gold assets will also be supported by market fundamentals Gold closed at a one-month high of $1,981 an ounce on 20 October, and is up around 8.7% over the past two weeks. Brent rose
Yesterday, it seemed like there was a way forward where McHenry would be empowered as speaker until January and Jordan would have until then to lock down enough votes. But it appears that’s not the plan anymore. There’s some talk of Trump for a short time but it’s getting tough to find a candidate that
CRUDE OIL PRICE OUTLOOK Oil prices fall for the second day in a row, but the fundamental outlook remains constructive Geopolitical tensions in the Middle East continue to be supportive of some energy commodities This article looks at the key technical levels for oil to keep an eye on in the coming days Trade Smarter