AUDUSD: pair has reached the level of 0.6800The Australian currency is showing moderate strengthening, having updated the local high of September 13, intending to overcome the resistance threshold of 0.6800.The macroeconomic block of published Australian data failed to affect the markets, meanwhile the traders' attention was spared by the sharp dip in ...
On Thursday the pair GBP/USD keeps the uptrend and tries to hold above the broken resistance level of 1.2100.The day before the rise was caused by the speech of Jerome Powell in which the head of FRS confirmed the regulator's intention to reduce the monetary restriction rate but keep the course for the further toughening of the monetary policy. Jerome Powell ...
AUDUSD maintains its uptrend. The Asian session on Thursday is trying to break the resistance at 0.6800.The pair stepped up the bullish trend after yesterday's speech by Jerome Powell, who said the need to slow the pace of monetary restriction, without abandoning the further tightening of the monetary policy in the U.S. Investors were also worried by the weak report ...
FOREX Fundamental analysis for EURUSD on December 1, 2022The end of autumn was marked by active trading. The volatility of currency pairs on Forex exceeded historical levels. As a matter of fact, the whole year of 2022 was the same. A series of turmoil that hit the markets changed the currency trading on Forex. It was possible to become rich within a day or lose ...
"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 ...
OPEC+ is markedly reducing oil production - in fact, the exporting countries will pump about 1 million barrels less per day. We have written earlier on why this is so.As a result, supply at the market has become lower, so prices have gone up and are approaching $100 per barrel again.What will the U.S. do after the OPEC+ statement?The coming energy ...
Apple CEO Tim Cook said that the word "meta-universe" is still misunderstood by the vast majority of people in the world. That's why Apple is trying to avoid the term. The company has mentioned it once. But Meta (recognized as an extremist organization) has used the word "meta-universe" 36 times in its reports this year.And before, Apple was not afraid to set trends ...
Credit Suisse and Lehman Brothers: will the Swiss bank repeat the story of 2008?Swiss bank Credit Suisse is in trouble: its bonds have plummeted to a record low. In addition, the CDS value of these bonds has skyrocketed. This is a kind of "insurance" against default of the issuer, and the greater the market fears about such an outcome, the higher the value of ...
