Allianz share: The low for the year could become the price target again
In the last two days, the Allianz share found a technical support around the 172 euro mark. The two daily lows were found at EUR 171.48 and EUR 171.90 before there…
SILVER PRICE FORECAST: XAG/USD RECLAIMS THE $19.00 MARK, GAINING 3.86% IN THE WEEK
Silver price is erasing Thursday’s losses up by almost 2% on Friday. September’s US economic data justifies the Fed’s 75 bps rate hike. The US Consumer Sentiment improved, showing US…
US equities find some life late but the weekly chart and seasonals are ominous
Closing changes for the main US markets: S&P 500 -0.6% Nasdaq composite -0.8% Russell 2000 -1.7% DJIA -0.4% On the week: S&P 500 -4.8% — worst since week ending June…
What is happening in the crude oil market? | USOIL (WTI) and Brent crude could reach $91.50 and $97 respectively
US commercial oil inventories rose 2 million barrels last week after rising 8.8 million the previous week. This dynamic is part of seasonal patterns, with stocks starting to fill around…
EnglishThe weakening of the yen, the idea of limiting energy prices
Summary: JPY slide accelerated yesterday and continued overnight after US Treasury yields rose on stronger-than-expected US ISM services survey in August. Verbal interventions from Japan’s Ministry of Finance have barely…
The Dollar Is At Highs And The Euro Is Retreating
The US currency closed the week strong, once again confirming its leadership position. Its European rival is rapidly losing ground. According to analysts, EUR/USD will retest parity over time, which…
The FED’s Monetary Policy Is Favorable To The USD
The US currency is under pressure ahead of the release of the US labor market report, albeit with an edge against the European currency. At the same time, the euro…
Bitcoin clings to $20K
Bitcoin managed to claw its way to a meaningful round level early in the week, trading at $20,400 on Tuesday morning (+2.8% in 24 hours). Ethereum showed an even more…
Germany August unemployment change +28k vs +28k expected
Prior +48k Unemployment rate 5.5% vs 5.5% expected Prior 5.4% German unemployment rises once again as the numbers are still largely driven by a substantial amount of Ukrainian refugees entering…
Japan finance minister says respects BOJ’s independence in guiding monetary policy
FX moves change from time to time, determined by fundamentals On the one hand, they hadn’t need to worry about a „rapid weakening” in the Japanese yen over the last…