The Swiss franc is calm on Wednesday. In the European session, USD/CHF is trading at 0.8454, up 0.13% on the day. SNB welcomes Schlegel – will he bring more of the same? Martin Schlegel has taken over as the new president of the Swiss National Bank, replacing long-term head Thomas Jordan. Schlegel gave his first […]
Aug 27, 2024
XNG/USD: Natural Gas Price Hits 2.5-Week Low
As shown on the XNG/USD chart, today, the price of natural gas fell below $2.16 for the first time since 8 August. Bearish sentiment is being driven by the fact that: → This is the last week of summer. Gas consumption typically decreases in mid-September as the use of air conditioning declines; → Gas storage […]
The post XNG/USD: Natural Gas Price Hits 2.5-Week Low appeared first on Action Forex.
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