Fundamental analysis for USD/JPY on October 28, 2024The political situation threatens the stability of the Japanese yen. Since mid-September, the USDJPY pair has been steadily growing amid expectations of weak voting results for the ruling party in the parliamentary elections in Japan and the likely return of Donald Trump to the White House. The fears were ...
On Monday, the NZD/USD is adjusted around the 0.5963 mark against the background of the growth of the US dollar. In New Zealand, meanwhile, the week will start with low volatility due to the lack of significant economic news and Labor Day celebrations, which left the stock market in Wellington closed.Investors are waiting for the Reserve Bank of New Zealand (RBNZ) ...
FOREX Fundamental analysis for EUR/USD on October 28, 2024The euro is considered to be the currency of optimists, and the dollar is the money of pessimists. Therefore, when Israel attacks Iran, and Donald Trump's protectionist policy plans can undermine the global economy, the EUR/USD exchange rate goes down. After a week-long bearish position on the dollar, hedge ...
EUR/GBP: Euro holds growth by the end of the weekThe EUR/GBP pair is showing moderate growth, continuing the upward correction started this week and holding near the local highs recorded on October 17.Investors' main attention is focused on business activity data for October in the EU and the UK. In the eurozone, the index of business activity in the ...
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 ...
