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Why the Persian Gulf has more oil and gas than anywhere else on Earth
By Scott L. Montgomery, University of Washington It has been said that Persian Gulf countries are both blessed and cursed by their vast oil and gas reserves. Geologic forces over millions of years have meant the region is an energy-rich global flash point, as it is now with a war underway that’s causing a global energy…
GBPUSD could be in for mid-week “sneaky surprise”
GBPUSD’s forecasted volatility jumps 24% over past week UK government set to issue most debt since 2020 US Treasury refunding announcement in focus Friday’s US NFP triggered GBPUSD moves of ↑ 0.5% & ↓ 0.6% over past year Bloomberg FX model: GBPUSD has 73% of trading within1.2836 – 1.3126 this week Here’s something GBPUSD traders…
EUR/USD Technical Analysis: Spotting Mean Reversion in the 2,000 pip Range – Action Forex
After rebounding well through the past week, what was initially thought to be a broader trading range is actively contracting into a tight consolidation pattern. Currently stuck between 1.15 and 1.17 (+/- 150 pips), the most popular FX pair hasn’t been able to find a concrete direction since reaching its peak back in July. The…
