XAU/USD: two scenarios likely
On Wednesday, the XAU/USD exchange rate tumbled to the Fibonacci 38.20% retracement at 1,273.68. During Thursday’s morning, the rate declined to the 1,272.00 level. Given, that the rate is […]
On Wednesday, the XAU/USD exchange rate tumbled to the Fibonacci 38.20% retracement at 1,273.68. During Thursday’s morning, the rate declined to the 1,272.00 level. Given, that the rate is […]
The U.S. central bank is keeping a key interest rate steady, despite urges from President Donald Trump to lower it in order to boost the economy. Even though growth in […]
The deepening chaos in Venezuela could have profound consequences for the global oil markets. US oil prices initially rallied on Tuesday as TV images depicted a violent uprising in Venezuela, […]
Forget real estate and stocks — millennials are seeking out art as their latest investment. While expensive art is no new concept for the elite, rich millennials are being more […]
The SMI may stall in the short term near 9750, where goes the resistance trendline joining 9537 in 2015 and 9616 in 2018. But the wide rising ascending triangle built […]
The Euro is becoming stronger, CHF is becoming weaker: April could be for Swiss franc investors to the purchase of tourists in the Euro area at the worst month of […]
On Wednesday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.3027. During today’s morning, the rate surpassed the given support. Given that the currency pair is pressured […]
Turkey’s central bank has caused consternation amongst analysts and investors after admitting that much of its publicized currency reserve figures are held in short-term swap contracts. Turkey published foreign currency […]