Yuri Papshev / Blog
According to the US Department of Labor, the consumer price index (CPI) in February showed an annual increase of 7.9% (against 7.5% in January and economists' forecast of growth by 7.8%), which is the most significant annual increase since January 1982 of the year...
Since the opening of today's trading day, oil futures quotes are growing. Thus, the price of Brent oil is trying to overcome the first important resistance level 112.63 (200-period moving average on the 1-hour chart...
At the time of publication of this article, EUR/USD is traded near 1.0970 mark, in the zone of almost 2-year lows, below the key resistance levels 1.1570 (EMA200 on the weekly chart), 1.1500 (EMA200 on the daily chart). T oday there is no important news in the economic calendar...
The dollar continues to dominate the market. Investors give preference to it against the backdrop of ongoing hostilities in Ukraine. Last Monday, the DXY dollar index topped 99.41, hitting a 21-month high. USD/CHF pair has been trading in ranges since last June, with a wider range between 0...
At the time of publication of this article, AUD/USD is trading near the 0.7405 mark, remaining in the bull market zone above the key support levels of 0.7295, 0.7315...
Macro data from the UK published earlier this week failed to provide tangible support for the pound. Thus, the volume of consumer lending in January fell from 0.817 billion to 0.608 billion pounds (the forecast assumed an increase to 1.05 billion pounds...
As Philip Lane, chief economist of the European Central Bank, said last Friday, the military conflict in Ukraine could reduce Eurozone GDP by 0.3%-0.4%. In the worst-case scenario, GDP will shrink by almost 1...
Next week, the next meeting of the RBNZ will take place, during which, as expected, its interest rate will be raised again, to 1.0...
Data coming out of the US point to accelerating inflation, which puts pressure on the Fed to tighten monetary policy as aggressively as possible...