At the Asian session of Wednesday USD/CHF has not decided on the direction of movement. and continues to consolidate around the level of 0.9200. This Friday, the report on the labor market in the United States will be released, so investors are not in a hurry to form new positions, and the volatility of currency pairs on Forex is low.On Thursday will be published ...
FOREX Fundamental Analysis for EUR/USD on October 4Despite the prolonged cycle of the Fed tightening financial conditions, the United States economy continues to please investors with positive macro reports. Treasury bond yields have reached a 2007 high of 4.85% and 5% is not far off, so a test of EUR/USD parity looks quite realistic.It is quite possible ...
EUR/USD: bears hold success over the European currencyThe EUR/USD pair continues to fall, actively developing the negative trend that originated yesterday. The exchange rate is approaching 1.0460, trying to pass it down, while reaching the lowest values since December 7, 2022.The US currency demonstrates a dominant position in the global arena. Its appeal ...
Fundamental analysis of FOREX for EUR/USD on October 3The "bears" of EUR/USD interpret any news in their favor. Whether there will be a pause in the work of the American government or not, the yield of treasuries is growing, and the dollar is following it.It should be noted that the legislators of the United States could not find a solution to the problem ...
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 ...
