I mentioned the statements of morgan stanley analysts who recommended getting rid of the USD and paying attention to the stock market. Now UBS has talked about the prospect of further weakening the US currency. Experts from these banks agree that in... Read more
On Friday, the XAU/USD pair traded higher and closed the day in positive territory around $1,886. Today, gold rose slightly to $1,898. XAU/USD resistance tests on the hourly chart - moving average line MA (200) H1 ($1899). On the four-hour chart, g... Read more
Nevertheless, stimulus pays off, although household spending remains low and the constant fluctuations in the yen exchange rate do not add calm to exporters. As today's data show, Japan's GDP grew by 21.4% year-on-year in the third quarter of this y... Read more
There are no significant changes in the overall trading dynamics as the USDX is trading above the important technical support level of 92.50. The breakthrough in recorded support will mean sellers are prepared to continue their decline to 91.75. Unt... Read more
Last week, the euro looked very, very strong, updating the multi-year peaks combined with the ruble. The new Monday started for the currency with a decline, but the emotional market means little. How will the euro continue to behave? Read about it i... Read more
