Yes, oil prices are burning right now, and inflation is getting hotter along with it worldwide. However, the oil's bullish momentum is under threat.
Tag - brent
Check the big and important update for Forex and commodities' traders
More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
Find out the insights for today's trading of the most popular instruments on the Forex market
Activision Blizzard had better than expected earnings report, but it didn't help the company to hold its levels. Tether has printed $1 billion after a long period of silence. What else the market has prepared?
After mixed NFP results, the markets are looking calmer than usual. But some pairs draw out attention with unexpected movements. Anyway, the new trading plan is here and we've got ideas to share!
This week is full of important news, starting with PMIs in the key economies, with Jackson Hole Symposium as a cherry on the top.
EUR/USD rose after the US inflation data was lower than last month…
Trade ideas for gold, USD/CHF, oil, EUR/USD for this Friday
After closing our short positions on Brent Crude which fell from around 76.60’s all the way down to 67.50.
What happened? Brent returned to the rising channel on Wednesday by gaining 4% during the trading session…