As anticipated, the price managed to update this year’s high. This could have been a signal for buyers to step back, as the upward impulse structure has now been fully formed. However, as often happens, the price tends to make one last attempt to break higher, shaking out those who believed too early in a…
Запись EUR/USD Forecast. Elliott waves analysis впервые появилась ForexNews.PRO.
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By JustMarkets At Thursday’s close, the Dow Jones Index (US30) was up 0.59%, while the S&P 500 Index (US500) closed at its opening price. The NASDAQ Technology Index (US100) closed negative 0.23%. The Dow Jones (US30) rose on signs that the economy continues to expand after US second quarter GDP was revised upward. However, the general market’s gains were capped by a…
Climate experts and politicians have criticised Tony Blair for claiming any strategy that relied on rapidly phasing out fossil fuels was “doomed to fail”. The former prime minister’s comments, published in a report from the Tony Blair Institute for Global Change (TBI), prompted an internal row within Labour, with some accusing him of playing into…
UBS analysts highlighted the possibility of the Bank of Canada (BoC) implementing a rate cut before the U.S. Federal Reserve, amid economic slowdown concerns. The Canadian dollar (CAD) is expected to face only modest inflationary pressures from a weaker currency as a result. UBS predicts the first BoC rate cut could occur in the summer,…
Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone Source link