Tuesday, 23 August 2022

Natural Gas Prices May Rise Further After Hitting Record Levels in Europe

European natural gas prices pulled back from a record-high close on Tuesday, but the potential loss of gas flows via the Nord Stream 1 Pipeline threatens to push prices higher yet.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...