A Kremlin spokesperson said on Friday that Russia will not turn off gas supplies to Europe from April 1. “Payments on gas deliveries due after April 1 come in the second half of April and May,” the spokesperson explained. Additional takeaways “Gazprom will closely work with its gas buyers.” “Russian President Vladimir Putin’s order of
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Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Thus, it is only natural for traders to fear that losing the $3,340 support could
The price of the USDJPY has been down for 3 consecutive days, but the month of March saw the USDJPY have the largest range for a calendar month since March 2020 – the start of the pandemic lockdown in the US. In March 2020, the low to high trading range was 1053 pips. This month
Markets: Gold up $2.50 to $1935 WTI crude down $7.01 to $100.85 US 10-year yields down 3 bps to 2.327% S&P 500 down CHF leads, EUR lags The US PCE inflation report was a tad cooler than the consensus but the market took little comfort in that with the Ukraine war sparking a fresh spike
March 31: Gold inched lower on Thursday but prices were set for their biggest quarterly gain since September 2020, as the Russia-Ukraine conflict lifted demand for the safe-haven metal. FUNDAMENTALS * Spot gold was down 0.3% at $1,926.46 per ounce by 0245 GMT. U.S. gold futures were down 0.4% at $1,931.00. * The metal has
Dollar rises in early US session with help from solid job and strong inflation data. But Yen is even stronger as it continues to pare back recent steep losses. On the other hand, Euro turned weaker again as the rally attempt faltered. Underlying momentum in the common currency is very disappointing, mainly because the uncertainty
In this article WBA A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday topped analysts’ expectations for fiscal second-quarter earnings, after the omicron variant intensified demand for Covid booster shots and tests during the winter
Breakout of the descending triangle formation will be followed by volatility and volume expansion. The 200 EMA is offering a cushion to the greenback bulls. The RSI (14) in a 40.00-60.00 range has kept investors on the sidelines. The USD/JPY pair is oscillating in a narrow range of 121.28-122.45 in the previous two trading sessions
The EURJPY has been trending to the upside since bottoming on March 7 at 124.374. The pair peaked on Monday at 137.53 for a gain of 1315 pips over the course of 16 trading days. Since then, the price has traded up and down. Yesterday did close marginally higher. Today is marginally lower but off
The push and pull continues for the dollar this week with USD/JPY now inching back up to near 122.00 after having touched a low of 121.35 earlier in the session. Elsewhere, EUR/USD is also marked lower to 1.1123 as the greenback is seen advancing slightly across the board as well. A drop back below the
NEW DELHI: Gold prices inched lower on Thursday, in line with the global market mood, but were set for the biggest quarterly gain since September 2020. The spike in conflict between Russia and Ukraine lifted the demand for safe-haven metal in the ongoing quarter. Gold futures on MCX were trading down 0.34 per cent or
Euro’s rebound made some progress overnight even though momentum was still weak. The common is nevertheless firm in Asian session. Dollar is also strengthening up slightly, together with Sterling and Swiss Franc. Yen is consolidating in tight range as earlier recovery is losing some momentum. Commodity currencies are mixed for now. Technically, EUR/USD’s break of
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