The EUR/USD currency pair experienced a significant decline on Thursday, with the Euro depreciating by approximately 0.9 percent against the US Dollar, falling below the 1.0400 level for the first time in roughly two weeks. This downturn was...
In my analysis of the H4 period chart, I observed that until the middle of last week, sellers were dominant, consistently pushing the price downward. I noted that the wave structure was aligned in favor of sellers, as it was building its order...
Business activity in the services sector saw a sharp improvement, reducing expectations for further rate cuts by the Federal Reserve (Fed). US President Donald Trump made headlines by expressing his desire to regain control of the Panama Canal and...
Bloomberg: the ruble has become the best currency on the world market Since the beginning of the year, the Russian ruble has strengthened by 15% against the dollar, making it the most successful currency in the world. This is due to the growing...
Durable goods orders surged by 3.1% quarter-on-quarter in January, exceeding forecasts of 2.0% and recovering from a revised -1.8%. However, a significant portion of this growth was attributed to companies stockpiling goods in anticipation of...