FX Weekly Recap: February 3 – 7, 2025
It was a BUSY week for the major currencies, as traders priced in global trade tensions, shifting central bank expectations, and a parade of key data releases.
It was a BUSY week for the major currencies, as traders priced in global trade tensions, shifting central bank expectations, and a parade of key data releases.
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution…
Eurozone Manufacturing PMI declined to 45.6 in August, missing the 45.8 estimate. Bloc’s Services PMI jumped to 53.3 in August vs. 51.9 anticipated. EUR/USD remains in the red below 1.1150 after German, Eurozone PMI data. The Eurozone manufacturing sector extended its downturn while the services sector activity rebounded in August, according to the data from the HCOB’s latest…
Ministers have confirmed the locations for seven new towns, which include under-developed inner-city land, a historic village and an existing new town. The programme is being billed by the housing and communities department as the most ambitious housebuilding project in England for half a century, with the planned construction of between 15,000 and 40,000 homes…
By Raul Cortes MEXICO CITY (Reuters) – Newmont’s Mexican division said on Wednesday it sees an “openness for dialogue” from the Mexican government, amid the proposed increase in mining royalties, which could potentially hinder billions of dollars in investments. WHY IT’S IMPORTANT The proposed increase in mining royalties could block more than $6.9 billion in…
2025.03.07 2025.03.07 EUR/USD: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.0530 with a target of 1.1200 – 1.1400. A buy signal: the price holds above 1.0530. Stop Loss: below 1.0480, Take Profit:…
The Channels FIBO MTF MT4 Indicator is designed to help traders visualize channel zones created using Fibonacci ratios. What makes it stand out is its ability to pull data from different timeframes and display them on a single chart. This means you can see the H1, H4, or even D1 channel lines while trading on…