FOREX Fundamental analysis for EUR/USD on April 16, 2024It is unlikely that anything can stop consumers if they want to buy, especially since wage growth is approaching historical highs. A sharp rise in retail sales in the United States has shaken debt and foreign exchange markets, lifting the USD index to highs over the past five months. The higher the demand ...
AUD/USD: pair has approached the support zone of 0.6489–0.6447During the Asian trading session, the AUD/USD currency pair is approaching the important support zone of 0.6489–0.6447 against the background of American statistics.Last week was marked by the publication of inflation data in the United States, which contributed to the strengthening of the US ...
FOREX Fundamental analysis for EUR/USD on April 15, 2024Central banks resemble a pack, where the Fed acts as the leader. If one of the regulators decides to deviate from the general course, he and his currency will be expelled. The desire of the European Central Bank for independence led to the collapse of the EURUSD to the minimum values of November last year. ...
EUR/GBP: the interest rate of the European Central Bank remained at 4.50%The euro is at low levels compared to most major currencies, with the exception of the US dollar, while the EUR/GBP pair shows a corrective movement in morning trading, settling at 0.8541.At yesterday's meeting of the European Central Bank (ECB), officials, as expected, left the main ...
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 ...
