EURUSD: the pair is correcting in the ascending range of 1.0570-1.1200The lack of announcements on the financial calendar allows the pair EUR/USD to quote in a corrective trend around 1.0894.The market participants focused their attention around the comments of the European Central Bank management, which said that the most part of the monetary parameters ...
FOREX Fundamental analysis for EURUSD on March 23The Fed has raised the interest rate for the ninth time, but it has not become a factor in strengthening the dollar. EUR/USD went up strongly after the Fed's verdict, which shows that euro buyers have a strong disposition.Investors understand that the cycle of the rate increasing by the American regulator is ...
EURUSD: investors are waiting for the US Federal Reserve's decisionsA slight correction of the US dollar allowed EURUSD to test the level of 1.0769.There is no stimulus for fundamental changes in the dynamics of the euro, which was confirmed by the latest macroeconomic statistics. Thus, the current economic environment in Germany according to the ZEW index ...
While waiting for the Fed's interest rate decision on Wednesday, GBP/USD is moving without any clear direction near the 1.2230 level.Prior to the Fed's release and Jerome Powell's press conference, market participants will pay attention to British inflation data. Analysts expect a decline from 10.1% to 9.8% (y/y) and an increase of 0.6% (m/m).Core inflation ...
"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 ...
