Yuri Papshev / Blog
In our opinion, it is possible to enter short positions from the current level by placing pending sell limit orders near the resistance levels 1.0700, 1.0740, 1.0800. A signal to enter short positions will also be a breakdown of the support level 1.0652. A break of the support level 1...
Fed chief Jerome Powell recently reaffirmed that the central bank's main task is to regain control of inflation, which has reached highs in the US for the past 40 years...
Data released this week by the US Bureau of Labor Statistics suggests that the Fed's more aggressive policy has been effective. Nevertheless, the rise in inflation in the US still continues, albeit at a slower pace...
Last Friday ended a very volatile week. This week will not be full of economic events, unlike the past. Today also the publication of important economic data is not expected...
Against the backdrop of a strengthening dollar, gold quotes are declining. Thus, XAU/USD is trading near the 1880.00 mark, approaching the important support levels of 1873.00, 1858.00, 1851.00...
Today, on the last trading day of the week and month, investors will pay attention to the publication at 12:30 and 14:00 (GMT) of another block of important macro statistics for the United States, among which is the core personal spending price index (PCE) for April (Fed uses the PCE annual core...
"The possibility of a 50 basis point rate hike will be considered" at the May meeting of the Open Market Committee (FOMC), Fed Chairman Jerome Powell said last week...
Apparently, the DXY dollar index may soon exceed a two-year high and rise above 103.00. At the time of writing, the DXY index was near 102.58, just below today's high of 102.77...
Despite the fact that the franc enjoys the status of a defensive asset and is strengthening against other major currencies, it continues to weaken against the US dollar. Thus, the USD/CHF pair today updated another high since July 2020, exceeding 0...