FOREX Fundamental analysis for EUR/USD on November 5, 2024Market reversals begin to form when investors close their positions. In October, traders focused on the so-called "Trump trade" — predictions of a victory for Donald Trump and the Republicans, which would lead to a political change in the White House and Congress. In this situation, investors expected that ...
EUR/USD: euro strengthens to new highs before the US electionsThe EUR/USD pair is showing moderate growth, recovering from the "bearish" trend of last Friday. The tool is testing new local highs reached on October 15, in anticipation of fresh drivers for movement.On Monday, the EU will publish macroeconomic statistics for October on business activity from ...
USD/JPY Fundamental analysis on November 4, 2024Look for someone who benefits from it. Japan does not need either a strong or a weak yen. In the first case, exporters face difficulties, in the second, inflation is rising, making imports more expensive, which is extremely undesirable for a country dependent on energy resources. Japan is striving for a stable ...
FOREX Fundamental analysis for EUR/USD on November 4, 2024Investors ignored the weak October US employment report, but were alarmed by the uncertainty of pre-election polls. After a weak job growth of 12 thousand and a short-term rise, the EUR/USD pair fell sharply, starting an important trading week with a gap. Kamala Harris, who was considered a loser by many, ...
In the second quarter of 2023, the German economy stagnated, and before that it declined for two consecutive quarters. Among most economists, this dynamic is considered a sign of a recession. Meanwhile, the key index of business sentiment compiled by the Munich-based ifo Institute based on a survey of more than nine thousand companies fell for the fourth time in a row, ...
The world is moving toward green energy today, and copper is the clear "beneficiary" of this. Renewable energy sources (RES) - solar panels, wind turbines, electric cars, and chargers for them - are in dire need of this metal.For example: about 40 million electric cars are expected to be commissioned by the end of 2023. They need 2.5 times as much copper as cars ...
Changee is a modern exchange service that provides users with the best exchange rates for their cryptocurrency transactions. The platform's new rate selection system ensures that users get the best possible rate for their exchanges. The service is user-friendly and completely transparent, making it a popular choice for cryptocurrency ...
"History repeats itself" is a well-known expression, which is based on the hypothesis that the development of society is a cycle of certain events and phenomena, and that history, like economics, is characterized by cyclicity. Considering that history does not only record the heyday of empires, and that the cycle of the economy always goes through crises, it becomes ...
