Swiss National Bank, U.S. Treasury reaffirm stance on exchange rates

Swiss National Bank, U.S. Treasury reaffirm stance on exchange rates
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Swiss National Bank, U.S. Treasury reaffirm stance on exchange rates
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Gold’s longer-term uptrend is looking pretty steady, but the precious metal is hitting a ceiling at a new downtrend channel forming. Will it retreat again? Take a look at these near-term inflection points I’m watching on the 4-hour time frame: Gold (XAU/USD) 4-hour Forex Chart by TradingView Gold bounced off its long-term rising trend line…
2025.01.10 2025.01.10 USD/JPY: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After correction ends, consider short positions below the level of 161.90 with a target of 148.50 – 138.65. A sell signal: if the price holds below 161.90. Stop Loss: above 162.20,…
US PMI Manufacturing was finalized at 51.8 in December, easing from November’s 52.2 and marking the weakest expansion in the current five-month growth stretch. While activity remains in growth territory, the slowdown points to fading momentum as the sector heads into 2026. According to S&P Global Market Intelligence, output continued to rise in December, implying…
A cyber-attack thought to have been carried out by a Russian group has forced London NHS hospitals to resurrect long-discarded paper records systems in which porters hand-deliver blood test results because IT networks are disrupted. Guy’s and St Thomas’ trust (GSTT) has gone back to using paper, rather than computers, to receive the outcome of…
In forex trading, there is only one thing you are in control of: yourself. Markets can move this way and that, you can score some winning trades, and you may wind up losing some of your trades, but the bottom line is that the amount you win or lose is still under your control. Research…
The euro is facing sustained selling pressure, primarily driven by a robust US dollar. The greenback is being bolstered by rising Treasury yields and fading market expectations for an early start to the Federal Reserve’s easing cycle. Further weighing on the single currency are disappointing macroeconomic releases from Germany, coupled with ongoing uncertainty over US–EU…