The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
WTI Oil Daily Time Chart Analysis West Texas Intermediate crude has been under intense pressure over the past three weeks. The pair falling 6% from its January high of $79.36. The market crashed on Tuesday, with the price falling to $70.66....