EURJPY extended its losses and remained tepid around 163.00 following an interview of European Central Bank President Christine Lagarde published by the Financial Times on Monday. Lagarde emphasised that the central bank
Crude oil prices edged lower with NYMEX WTI closing below $70/bbl while ICE Brent settled below $73/bbl on Thursday. The oil market witnessed a second straight session of decline as the strengthening
The EURUSD currency pair jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The DXY Index, which tracks the greenback’s value against
The price of Silver (XAGUSD) extended its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday. The price of the grey metal
Thomas Kazakos, the Director General of the Cyprus Shipping Chamber for the past three decades, has been appointed to the prestigious position of Secretary General of the International Chamber of Shipping. Kazakos
The US Dollar maintains its upside trend from early December lows intact, with the USDJPY trading sideways on Wednesday, as the pair’s reversal from the mid-range of the 154.00s is contained at
Natural gas demand growth remaining strong across Asia, continuing to keep global balances tight. A study by Woodmac shows that Asia’s LNG demand will double by 2050 to 510 mtpa/yr. “LNG demand
EURUSD broadly consolidated near 1.0470 in Friday’s European session, staying under bearish pressure after comments from European Central Bank President Christine Lagarde on Thursday indicated that more interest rate cuts are in
EURGBP extends its gains for the second successive session following the release of key economic data from the UK and Germany, the largest economy in the European Union and the world’s third-largest
The OPEC+ group of oil producing countries has agreed to delay an output hike by three months to April 2025, for the third time. After that, the monthly hikes will be spread
