US natural gas prices dropped 6.4% as storage rose more than expected but remains below historical averages.
USD/JPY rises despite strong CPI; Gold declines near $3,000; BOJ may act in May; SEC targets crypto.
GBPUSD broke below trendline support, signaling potential pullback. Sellers eye 1.26; buyers target 1.3050 breakout.
EUR/CHF stable as SNB cuts rates; another reduction expected in June amid inflation and growth concerns.
Eurozone’s January current account surplus was €13.2 billion, down from December’s €50.5 billion, with adjusted €35.4 billion.
EUR/USD fell below 1.09 as USD strengthened, with bearish sentiment suggesting consolidation within the 1.08-1.09 range.
Japan’s Rengo reports a 5.40% wage increase, revised down slightly. Second consecutive year exceeding 5%.
EUR/USD climbed above its 200-DMA but faces resistance at 1.0950, with momentum slowing and potential pullback.
Gold consolidates at 3050 as traders await catalysts. Support at 3020; key levels include 2955 and 2832.
Eurozone’s current account dropped from €50.5B to €13.2B in January, indicating a significant economic shift.
