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21 Mar 2025

US natural gas prices are under downward pressure – ING

US natural gas prices sold off heavily yesterday, with the front-month Henry Hub contract settling 6.4% lower, ING's commodity experts Ewa Manthey and Warren Patterson note.

Total storage levels are 10% below the five-year average

"The downward pressure has continued this morning. This is after the Energy Information Administration (EIA) reported that US natural gas storage increased by 9 bcf over the last week, above the expected 5 bcf increase. However, total storage levels are still tight, standing at 1.71 tcf, down 26.8% year on year and 10% below the five-year average."

Mar 21, 2025

USD/JPY is trading higher despite a stronger-than-expected February CPI print – ING

The stronger US Dollar (USD) momentum is showing in USD/JPY this morning, with the pair trading higher despite a stronger-than-expected February CPI print overnight, ING's FX analyst Francesco Pesole notes.
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Mar 21, 2025

Last BoE meeting hasn't become a game changer for GBP – Danske Bank

EUR/GBP ended the day lower on the back of a hawkish vote split at yesterday's BoE meeting, where the BoE kept the Bank Rate unchanged at 4.50% in line with expectations, Danske Bank's FX analyst Jens Nærvig Pedersen reports.
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