EUR/USD: The precipitous fall from the 2014 high at 1.3993 to recent low at 1.0495 fuelled market expectations that EUR/USD could weaken to the parity or even lower. While we are not trying to catch a falling knife as th…
The precipitous fall from the 2014 high at 1.3993 to recent low at 1.0495 fuelled market expectations that EUR/USD could weaken to the parity or even lower.
While we are not trying to catch a falling knife as the downside trend is very well defined, it is worth pointing that the long-term trendline support comes at around 1.00, which should make this psychological level even more difficult to clear.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…