The US dollar continues to strengthen in the Asian session on Wednesday. USD/JPY is developing an upward momentum that began a week ago. The pair is testing the 149.60 level for an upward breakout and remains near the local maximum of March 5. The main event for the market was the meeting of the Bank of Japan, following which the regulator unanimously kept the interest ...
FOREX Fundamental analysis for EUR/USD on March 19, 2025The Bundestag's approval of the fiscal stimulus project proposed by Friedrich Merz has already been played out on the market. Investors who have been actively building up long positions in the euro may start taking profits. Asset managers have brought their net euro long positions to a 5-month high, and forex ...
AUD/USD analysis on March 18, 2025On Tuesday, AUD/USD continues its upward movement and is trading at 0.6374. The Australian dollar is recovering after a short-term decline caused by the Reserve Bank of Australia (RBA) meeting last week. The weakening of the US dollar contributes to the formation of a stable upward trend, which allows quotes to stay above the ...
USD/CAD analysis on March 18, 2025During Tuesday morning's session, USD/CAD is recovering from yesterday's decline, which resulted in updated lows on March 6. Quotes are testing the 1.4300 level, while market participants expect new drivers to appear for further movement.Today at 14:30 (GMT+2), investors' attention will be focused on Canadian inflation ...
In Tuesday's Asian session, GBP/USD is consolidating near the local highs of early November, around 1.2970. Market activity remains moderate, as investors prefer to wait for new drivers, among which the outcome of the US Federal Reserve meeting will be key.The Fed is expected to keep its key interest rate at 4.50%, despite growing concerns about the prospects for ...
Germany: voting on fiscal packageA vote on a package of fiscal measures is scheduled in the Bundestag today, and the document is due to be considered in the Bundesrat on Friday. The package is expected to be approved.CDU/CSU leader Friedrich Merz declared unanimous support for the initiative, but there are risks that not all party members will vote in ...
FOREX Fundamental analysis for EUR/USD on March 18, 2025The euro continues to strengthen amid expectations of a vote in the Bundestag on changing the constitutional rule of the fiscal brake. At the same time, there are signals of a slowdown in the US economy, which also supports demand for the European currency. However, the EUR/USD pair faces the threat of an ...
This week, the focus will be on negotiations on Germany's fiscal package. The package is expected to be approved by the Bundestag on Tuesday and by the Bundesrat on Friday. It is expected that the vote will be successful, but there is a possibility of disagreement between individual representatives of the CSU/CDU, as well as possible opposition from the Free Voters of ...
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 ...
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 ...
In another interpretation, it is also called lovers' day. But, in the end, what difference does it make, the root is one - love! And love, as the poet said, all Forex is submissive! Did the poet say something wrong? Well, it's just that there was no forex back then, he would have corrected himself…Have you ever wondered what there might be in common between FOREX ...
Geometry in financial marketsTechnical analysis is a serious method of forecasting the movement of asset prices on the stock exchange. Its adherents believe that all the events, news, emotions and decisions of the exchange participants are already embedded in the price that the trading chart displays.Unlike fundamental analysis, economic calendars, news ...
Brokers are offering more and more services and different types of accounts, which often confuse beginners. An ECN forex account is a type of order execution that takes trades directly to the interbank market. Let's consider how to operate correctly in this environment and whether it is profitable for traders.What is an ECN account?Electronic Communication ...
A recession is an extremely serious and prolonged period of dropping economic acts and data that affects an entire country or even a group of them. It has far-reaching and serious consequences that affect the country's citizens, governments, companies and investors.There is no unambiguous meaning of a recession, but it is usually characterized by a decline in a ...
If you already have basic knowledge of how to work in financial markets and are on the verge of building your own trading system, I recommend studying the Ichimoku indicator. The Ichimoku indicator combines the power of five lines and Japanese imagery. Currently, it is becoming more and more popular among traders, being a solid foundation of their trading systems. This ...
