As per a series of analyses this week, EUR/USD bulls are eying 61.8% golden ratio, but bears are in the slipstream, and EUR/USD bulls tread around with caution in a field of land mines and disruptive Russian headlines, meanwhile the price stays on course.Analysis has also taken into account the …
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Russian President Vladimir Putin said on Tuesday that he is not satisfied with assurances that Ukraine will not become a NATO member in the near future, wants the issue to be settled right now or soon through a negotiating process, reported the Washington Post. Markets have not reacted to the …
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Financial markets are so edgy about tensions in eastern Europe, for good reason. Geopolitical scares typically produce very short-lived market disruptions, with commodities and risk assets quick to recover. The standoff between Russia and Ukraine could be different. Russia is threatening a massive invasion that could quickly subdue Kyiv, the …
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The GBP/USD snaps two days of gains and begins the week on the wrong foot amid increasing geopolitical tensions in eastern Europe. At the time of writing, the GBP/USD is trading at 1.3528.The market sentiment is downbeat, depicted by European bourses falling, while US futures point to a lower open. …
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US equity markets opened this week’s trade mixed, with the S&P 500 down 0.3%, the Nasdaq 100 up 0.3% and the Dow down 0.4%. The S&P 500 CBOE volatility index remained elevated near the 30.0 level, up about 2.0 points on the day, with equity index futures trade prior to …
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During the North American session, the USD/JPY nose-dives as the Ukraine – Russia conflict escalates, on reports that Russia would attack Ukraine in the following week. The USD/JPY pair is now trading at 115.19.On the news headlines, the USD/JPY collapsed from 115.80 towards a daily low at 115.00, where the …
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US National Security Advisor Jake Sullivan said on Friday that we are in the window where a Russian invasion of Ukraine could begin at any time and could happen during the Beijing winter Olympics.The US believes that Russian President Vladimir Putin has decided to invade Ukraine and already communicated those …
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Oil prices reached their highest level in seven years on Friday as geopolitical tensions and a winter storm in the United States fueled concerns about supply disruptions. Brent crude rose $1.32, or 1.5 percent, to $92.43 a barrel by 1120 GMT, after earlier touching its highest level since October 2014, …
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The supplies of fuel oil in the United States, including diesel and heating oil, have fallen, and refineries are finding it difficult to refill their stocks, which could keep prices high for months. Demand for diesel, heating oil and other petroleum products has been increasing for months, more than pre-pandemic …
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Oil prices retreated on Wednesday even after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output more quickly after prices rallied to 2014 highs.Brent crude was down 7 cents to $89.09 a barrel at 12:15 p.m. EST (1715 GMT) while US West Texas Intermediate …
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