European natural gas prices strengthened yesterday, with TTF settling just over 2% higher on the day, ING’s commodity experts Ewa Manthey and Warren Patterson note. European gas prices to remain well supported “The increase reflects diminishing hopes for a Russia-Ukraine peace deal. Meanwhile, storage levels in the EU stand just under 38% full, compared to … Read more
EUR/GBP trades on a stronger note near 0.8255 in Tuesday’s early European session. Ukraine peace plan and hotter-than-expected Eurozone HICP inflation data lift the Euro. The BoE is anticapted to follow a careful and gradual policy-easing approach. The EUR/GBP cross trades in positive territory for the second consecutive days around 0.8255 during the early European … Read more
USD/CHF loses ground as the Swiss Franc appreciates due to safe-haven demand amid rising tariff war fears. Canada’s Prime Minister’s Office announced plans to impose retaliatory 25% tariffs on US imports if US tariffs take effect. The US Dollar faced challenges due to optimism surrounding a potential Ukraine peace deal. USD/CHF remains under pressure for … Read more
GBP/USD could target the immediate barier at the three-month high of 1.2724. The 14-day RSI stays above 50, signaling sustained bullish momentum. The primary support appears at the nine-day EMA of 1.2639. The GBP/USD pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday’s Asian hours. Technical analysis of the … Read more
The Australian Dollar remains under pressure as the RBA’s February Meeting Minutes highlight downside risks to the economy. Australia’s Retail Sales rose by 0.3% MoM in January, recovering from a 0.1% decline in December. The US Dollar weakened after European leaders voiced support for security guarantees for Ukraine, improving risk sentiment across global markets. The … Read more
EUR/USD extends its gains as market sentiment improves on hopes for a potential Ukraine peace deal. European leaders have agreed to draft a structured peace plan to present to the US, boosting risk appetite. The US has paused all military aid to Ukraine under orders from President Trump. EUR/USD continues its upward momentum for the … Read more