FOREX fundamental analysis for EUR/USD on January 14, 2025Forewarned means armed. The events that unfolded around the publication of the Washington Post on January 6 set the tone for the whole year, charting a difficult path for EUR/USD to parity. Rumors that the new president's team is planning to phase in tariffs of 2-5% per month have seriously hit the US ...
EUR/USD: Euro drops to November 2022 levelsThe euro continues to show a decline in the EUR/USD pair during the Asian session on January 13, again trying to break through the 1.0200 mark and updating the November 2022 lows. The pair is rapidly approaching parity, and at the moment there are no obvious factors that can stop this movement.The US dollar is ...
An impressive sight is unfolding in the foreign exchange market: the British pound, which had recently shown signs of strength, is now rapidly losing ground. After reaching local highs on January 7, the GBP/USD pair is steadily moving down, approaching the critical mark of 1.2140, where a real battle of bulls and bears may unfold.The catalyst for the current ...
Upcoming eventsThis week promises to be full of macroeconomic publications, where the inflation indicators of key economies will take the central place.:- Wednesday: publication of the US consumer price index for December, accompanied by inflation statistics from Sweden, France, Spain and the UK- Thursday: German inflation data- Friday: ...
FOREX Fundamental analysis for EUR/USD on January 13, 2025The FOREX market is entering a period of increased volatility of currency pairs, provoked by serious macroeconomic imbalances. The key catalyst for the current tension is the exceptionally stable US labor market, which is significantly exceeding forecast values.The December employment statistics ...
GBP/USD analysis for GBP/USD on January 10, 2025The GBP/USD pair remains in correction and is trading around 1.2294 in Friday morning trading. The pair's dynamics are developing against the background of a stable US dollar exchange rate and active sales in the UK debt market. Investors are concerned about the growth of government borrowing and the possible ...
During Friday morning trading, USD/CAD continues to develop an uptrend and demonstrates moderate growth, approaching the level of 1.4410. Nevertheless, the pair remains under pressure after a significant decline on Monday. Investors are cautious about forming new positions, waiting for the publication of key data on the US and Canadian labor markets at 15:30 ...
FOREX fundamental analysis for EUR/USD on January 10, 2025The market always reflects all events. The refusal of US stock indexes to continue growing against the background of a rapid increase in treasury bond yields signals that the American economy has reached a peak level of development. Attempts to further stimulate the economy may lead to higher inflation, ...
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 ...
