Source: Bloomberg Oil prices declined amid the low liquidity into the holiday season, but market watchers are looking out for the impact of the Omicron variant moving forward. London futures fell by 0.9% to hover around $76 a barrel on Friday. Only some 125,000 contracts were traded, lower than the usual volume of just below 1 million.With the thin volumes, prices settled … [Read more...] about Oil Prices Slip Ahead of Christmas Holidays
European Gas Constraints to Last Into 2023, Traders Believe
Source: Bloomberg Europe’s gas issues could last until 2023, with forward prices for the summer already hitting record-highs. Traders believe the ongoing gas issues will push through until early 2023, with the forward prices already more than double in the past month.Forward prices for the summer season have already hit a record-high of over 100 euros or $113 a … [Read more...] about European Gas Constraints to Last Into 2023, Traders Believe
GBPUSD Forecast: Extremely Bullish After the Breakout
The GBPUSD pair took off as investors reflected on the latest news on the Omicron variant and the expectation that the Bank of England (BOE) will hold steady in the coming year. The pair rose to a high of 1.3400, which was the highest level since November 22nd. Omicron fears wane The GBPUSD pair declined sharply last week even after the BOE decided to hike interest rates. … [Read more...] about GBPUSD Forecast: Extremely Bullish After the Breakout
PrimeXBT Review
Since 2018, PrimeXBT has been servicing clients from over 150 countries globally while helping them meet their trading needs. The broker stands out as a BTC-based platform offering CFDs on BTC and other popular cryptocurrencies. The company headquarters was in Seychelles at the time of launch. By 2019, the company had become a global brand, having made a name for itself … [Read more...] about PrimeXBT Review
IEA Reports Forex Traders Should Monitor
The energy sector plays an important role in the financial market. Today, energy products like crude oil, natural gas, and heating oil are some of the most heavily traded assets in the market. To make informed decisions, traders and investors use data from several important organizations like the Organization of Petroleum Exporting Countries (OPEC), Energy Information … [Read more...] about IEA Reports Forex Traders Should Monitor
