Oil heading for USD 100? A winter storm in Texas appears to have been responsible for the latest spike in crude prices, as traders fret about the possibility of outages in the Permian Basin. In such a tight market, that’s more than enough to encourage traders to buy what was the mildest of dips following […]

The British pound is slightly lower in Friday trading. It has been an excellent week for GBP/USD, which has gained 1.26%. If the pound can maintain these gains during the day, it will mark the currency’s best weekly showing since December 2020. BoE raises rates by 0.25% As was widely predicted, the BoE raised rates […]