The euro weakened against the US dollar on Thursday, reaching a high of 1.0450 before declining. This comes ahead of crucial economic data releases: German retail sales and inflation figures are due out early Friday, while the US will release its...
Hello. As a result, we did not see any particular activity in the market yesterday on Powell's decision to leave the rate at the same level. It is noteworthy that he ignored Trump's demand to immediately start cutting the rate, and said that the...
The GBP/USD wool structure remains somewhat ambiguous but generally clear. There is currently a high probability of long -term mining. The main question concerns the expected wave 2 within 1 that seems unconvincing. On the contrary, Wave 5 looks...
Market Fundamentals: The Federal Reserve’s dot plot provides insight into the projected trajectory of the Federal Funds Rate in both the medium and long term. Market expectations suggest the Fed will implement three interest rate cuts in 2025,...
Market Fundamentals: The Bank of Canada (BoC) has implemented a significant 50 basis point rate cut, lowering the main interest rate to 3.25%. With Canada’s unemployment rate hitting multi-year highs, the BoC has ample justification to overlook...
