Hungary to pursue euro adoption through gradual approach, says Prime Minister
Hungary to pursue euro adoption through gradual approach, says Prime Minister
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Hungary to pursue euro adoption through gradual approach, says Prime Minister
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XTB has agreed to sell its South African subsidiary for $645,000, closing out what turned out to be an eight-year attempt to enter the African continent, one that never got off the ground. The Polish broker disclosed the deal in its 2025 annual report, filed this week, noting that a conditional sale agreement for 100%…
The US Dollar (USD) fell as risk sentiment stabilized and soft ADP data reinforced expectations of a Fed rate cut next week. Despite potential short-term stabilization, the dollar faces continued downside pressure from overvaluation and seasonal trends, ING’s FX analyst Francesco Pesole notes. Dollar overvaluation adds to downside risks “The drivers of yesterday’s USD drop…
The week ahead has several important data releases lined up. However, with US-China talks taking place over the weekend and the first trade deal already completed, markets may shift their attention to tariff updates, which could take the spotlight away from the economic data. Asia Pacific Markets Japan’s economy is set to shrink by 0.1%…
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPAUD. In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided an extreme trading opportunity. In this case, the pullback managed to reach the equal legs area & provided a…
The Follow Trend and Kolier SuperTrend forex trading strategy has garnered attention among traders for its effectiveness in navigating the complexities of the forex market. At its core, this strategy revolves around utilizing the Kolier SuperTrend indicator to identify and capitalize on prevailing market trends. Unlike static indicators, the SuperTrend adapts to market conditions in…
Our Event Guide for the upcoming BOC decision suggests that Governor Macklem and his team will cut interest rates further in October. But the central bank’s moves may be priced in, leading to potential rallies for the Canadian dollar after the BOC’s event. Here’s why CAD/CHF and EUR/CAD may present legit opportunities in…