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For the last month and a half, the crude oil market has been under a constant stress. Sentiment changes mostly because of the supply and demand forecasts. A Brent barrel price dropped to 75.65 USD yesterday. The decline was triggered by the decision of Saudi Arabia to decrease prices for its buyers starting February, regardless […]

The post Brent is Stressed Again appeared first on Action Forex.

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07/06/2024

All Eyes on US Jobs Data as Two G7 Banks Start Cutting Rates

As widely expected, the European Central Bank (ECB) announced a 25bp rate cut when it met yesterday, but raised its inflation target for this and the next year, warned that the road for easing inflation could be bumpy, and ruled out a July rate cut. The market no longer prices a full rate cut by […]
13/03/2024

Gold Price Rally Takes Break, Dips Turn Attractive

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19/09/2024

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