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According to the Federal Government’s Expert Group published, Switzerland is also expected to take advantage of the broad-based economic recovery. The SECO revised its growth forecast to the upside as it anticipates that the dynamic recovery will continue. The economy is expected to growth 2...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 21st The EUR/USD pair corrects higher this Wednesday after yesterday’s drawdown, triggered by bullish tone of the US dollar and disappointing German Zew surveys. Today it is all about the Fed meeting...
The second trading day, the main US indices are traded in a narrow range. Traders paused before the decision of the Fed on rates, which will be published today at 18:00 (GMT). Virtually all market participants believe that interest rates will be increased...
Tipu Panel series is set of innovative indicators created to consolidate indicators in form of a panel. There are two types of indicators that make up Tipu Panel series, the master indicator, and the add-in indicators...
On the eve of the Fed meeting and the publication of an interest rate decision on Wednesday, the US dollar is rising against commodity currencies, including against the New Zealand dollar...
GBPUSD: The pair continues to retain its upside pressure rallying on Monday. Support lies at the 1.4000 level where a break will turn attention to the 1.3950 level. Further down, support lies at the 1.3900 level. Below here will set the stage for more weakness towards the 1.3850 level...
Further sideways consolidation likely. (By Peter Rosenstreich) • Bitcoin trades indistinctly at the 8200 range, breaking hourly support at 7614 (02/02/2018 low) and expecting to trade sideway in the shortterm...
Following Zhou Xiaochuan retirement announcement five months ago, markets were looking for newly elected People’s Bank of China governor announcement of March 19...
Blowback from scandal deepened today as Japanese Prime Minister Shinzo Abe took responsibility for the loss of trust in his governments. However he continues to deny that he or his wife had intervened in the sale of land to a connected school operator...
While the dollar is strengthening in the foreign exchange market, and market participants are preparing for the Fed meeting, which will be held on March 20-21, gold prices are down, today is the fifth week in a row...
We welcome you to new trading week which promises to be a more volatile one in terms of upcoming high level events. After a period of range-bound market movements traders now brace for larger swings and potential new trends in the market. Let us be surprised...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, March 19th The EUR/USD pair follows broad market trend today, caused by the growth of the US dollar against its main competitors...
ASTRONOMICAL LOOK AT THE FOREX MARKET – WEEK 12 MARCH 2018.The forex market is a living organism. And how everything lives – he is constantly changing. For successful trading, you need an understanding of the processes taking place at this moment in the market...
EURUSD: The pair faces further weakness in the new week. On the upside, resistance comes in at 1.2350 level with a cut through here opening the door for more upside towards the 1.2400 level. Further up, resistance lies at the 1.2450 level where a break will expose the 1.2500 level...
First, a few words about the forecast for the previous week, which proved fully correct for cryptocurrencies: - EUR/USD. When giving forecast for this pair, a large number of analysts claimed that the pair would continue to stay in the 1.2150-1...
Bank of America Merrill Lynch Research discusses GBP/USD outlook and notes that could be a big week for GBP next week with the release of key macro data (CPI, labour market and retail sales data) and the EU Summit on 22/24 where the focus will be on whether a potential transition agreement will b...
Currency market is a social system like all financial markets. Currency market has a central role in the financial system. Many of us fail to realize this that currency market comprises thousands of thousands of people...
Facing a strong depreciation against the single currency (EUR/CHF at 1.17; +9.04% in 1 year) and anticipating the risk of a potential trade war escalation, the Swiss National Bank finally took the decision to maintain its deposit rate stable at -0.75...
