EUR/USD: data show a decrease in the inflation rate in the European UnionThe euro is showing ambiguous behavior in the market, hovering around the level of 1.0970 and striving to recover from the recent corrective decline, thanks to which the EUR/USD pair reached August highs.Yesterday, market participants analyzed the latest data on inflation in the key ...
FOREX Fundamental Analysis for November 30, 2023German inflation slowed to 2.3%, allowing ING to claim that the ECB's assessment of inflationary pressures was wrong. Inflation is falling across the Eurozone and the regulator, according to financial analysts, can start cutting interest rates right from tomorrow. The expectation of monetary policy easing and the ...
EUR/USD: euro grows before eurozone inflation dataThe EUR/USD currency pair continues to show moderate growth, continuing the bullish trend started last week. The currency seeks to strengthen above the level of 1.1000, ahead of the expected economic reports from the European Union and the United States.Today, investors are focused on the November statistics ...
GBP/USD continues its upward trend with the renewal of local highs on Wednesday. Buyers broke an important resistance at 1.2700 and are trying to consolidate above this level."Bullish" impulse GBP/USD received yesterday after the speech of three representatives of the Federal Reserve, each of whom announced a possible change of course of the regulator's monetary ...
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 ...
