Forex Traiding

Markets are entering uncharted territory, the USD is trying to shrug off the bearish story and get the most out of the current

In recent days, global markets have been hot and cold. Key US stock indexes rose sharply on Monday after a bad ending last week. At the same time, Dow Jones has shown the maximum rise since March 5. Against this background, the protective dollar, which on Friday strengthened to 92.40 points, sank about 0.5% the day before, dropping to 91.83 points. Echoes of the latest Fed meeting are still…
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Forex Traiding

Hawkish rumors fuel interest in the pound

The pound-dollar pair retreated from two-month lows yesterday, impulsively breaking the 150-point way up in just a few hours. If Friday’s low was fixed at 1.3786, yesterday’s high was recorded at 1.3936. It is noteworthy that the British currency on Monday rose…
Forex Traiding

Analysis of GBP / USD. 22nd of June. UK food exports to EU halve after Brexit

For the Pound / Dollar instrument, the wave counting has cleared up a little thanks to the last drop in quotes. Now we can say with more confidence that the supposed wave e has completed its construction. Consequently, the entire upward trend segment a — b — c — d — e has also ended. If this is really the case, then the construction of a new downward segment has begun, which may turn…
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Forex Traiding

Australian dollar continues to fall

The Aussie continued to decline against major peers in the European session on Tuesday, as the yields on Australian 10-year government bonds fell in response to China’s new stance aimed at staving off accumulation and speculation in iron ore deals. Iron ore prices…
Forex Traiding

There is a reason? US stocks skyrocket, Dow Jones nearly + 2%

On Monday, the American stock market posted an increase on the back of the strengthening of the oil and gas, financial and commodity sectors. At the same time, the stock index of the Dow Jones Industrial Average soared by 1.8% – to 33876.97 points following the maximum collapse since October 2020 last week. Other major indices did not stand aside either. Thus, the S&P 500 soared by…
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