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Gas Fees on the Ethereum Network hit an 8-month-High amid Interest in the New Experimental Token Standard ERC-404
Feb 12, 2024
Last Friday, on February 9, gas prices on the Ethereum network spiked to an average of 70 Gwei (equaling to a stand...
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
U.S. Natural Gas Futures Posted their Worst Reading since April 2023, but There Might Be a Brief Turnaround due to Freeport LNG’s Unit Closure
Jan 30, 2024
Although front-month Nymex natural gas (NG1) for February delivery is edging up +0.15% in today’s premarket, it had...
Japanese Yen Seems Unemotional after Fed’s Hints at Monetary Policy Turnaround, as BoJ Keeps Slightly Negative Interest Rate in Place
Jan 24, 2024
The Japanese yen consolidated as the Bank of Japan issued a restrictive statement that it is expected to withdraw i...
Some Currency Analysts Predict that Russian Ruble may Further Strengthen To 85 Rubles/$1 This Week
Jan 22, 2024
Although a strong momentum in ruble at the beginning of this week isn’t yet expected, thereafter traders will likel...
Argentine Peso Continues to Weaken on Possibility of Dollarization
Jan 12, 2024
Investors expect Argentina's currency to come under increasing pressure weeks after new President Javier Milei deva...
China Downward Revised the Weights of USD and Euro in its CFETS basket in 2023
Jan 04, 2024
China has adjusted the CFETS basket several times since it introduced a trade-weighted yuan index in December 2015...
Swiss Franc Outperformed All of its Big Ten Peer Currencies This Year
Dec 25, 2023
The Swiss franc (USDCHF) hit its highest level against the dollar in nearly 9 years (!) on Friday, December 22, wit...
Transitory Dollar Weakness Temporarily Pushed Yen and Other Asian/Pacific Currencies Higher
Dec 07, 2023
The USD/JPY pair experienced a significant correction of around 1.5% lately.
Invesco Energy Exploration & Production ETF (PXE) Looks Like the Best Choice among Peer Energy ETFs
Dec 04, 2023
Amid growing geopolitical tensions and rising demand for fossil fuels, which is typical for wartime energy consumpt...
The DXY Dollar Index Spot Reacts to Powell’s Hesitation to Affirm End of Rate Hike Cycle
Nov 02, 2023
As we already know, the U.S. Federal Reserve has decided to keep interest rates unchanged again, although interest...
Exchange Prices for Natural Gas in Europe Jumped 11 Percent
Oct 13, 2023
Exchange-traded gas prices accelerated their growth to 11% for November futures on the Dutch TTF on the London exch...
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