What is driving the price of crude oil down?
Growth in crude oil production in the United States further pushed crude prices lower.In addition, the tendency for the price…
Biden withdrew from the race for a second term – who will replace him?
Another twist in the politics of the United States. After the assassination attempt on President Donald Trump, after Biden withdrew…
The price of gold set a new record today
Today, the price of gold once again set a new record. The last record was $2,449.97 on May 20, 2024.…
When will gold set a new record price?
For more than two weeks, the gold price continues to rise. And although we are actively approaching the traditional holiday…
After a $50 drop in gold price, what to expect from Monday?
After the dramatic drop in the price of gold at the end of the week by around $50 per ounce,…
Two factors are driving the good data for the US economy
The very good data on the US economy continues to keep the dollar in a good position. On Friday, all…
The Bank of Canada has begun cutting interest rates
The Bank of Canada today cut the key interest rate by 25 basis points from 5.00% to 4.75%. This is…
What to expect after oil crashes over $7?
For the last 4 days, the price of oil fell by more than $7. This is due to the actions…
This week’s EURUSD strategy with support and resistance levels
The start of the new week begins with a holiday in the United States, which is Memorial Day.But on the…
What will the intervention of the Bank of Japan lead to?
The Japanese Yen literally collapsed today to levels above 160 Yen to the dollar. The Bank of Japan had no…
Good Eurozone data slightly supported the Euro, but more importantly…
Good data for Germany and later for the Eurozone moved the market during the morning European session.The data helped the…
While oil and gold set records, the dollar is consolidating against the Euro
The dollar remains steady against the Euro this week. But the same cannot be said for oil and the price…
Will Biden be able to stop the oil boom?
Russia’s problems are the main factor driving oil prices higher. The many attacks on key oil infrastructure are affecting the…
Record price jump in gold today
In the last week, the inflation data influenced the significant growth of gold.Along with gold, investors are turning their attention…
EURUSD forecast and analysis of the coming week (week 9)
EURUSD remains consolidated around the 1.08 levels for the last few days. With a slight break on Thursday, where the…
Should we expect new records for Dollar-Yen?
The Japanese yen started to fall again against the dollar, this is the third peak above 150 Yen to the…
Will the dollar stay strong this week?
The US jobs report came out on Friday. Investors’ expectations were for a significant decrease in newly opened jobs compared…
EUR/USD is consolidating ahead of an expected breakout
Euro/Dollar could not find a way either up or down and started consolidating at levels around 1.09. It seems that…
EURUSD movements in 2023 and forecast for 2024
During the past year 2023, the Euro-Dollar moved within narrow limits. The lowest level in 2023 was EURUSD 1.0448, while…
Where have we come: German politician – immigrants have the right to steal
A shop owner in Germany was denounced as a racist for complaining about migrants mass looting his store, while a…
Fed expectations are reversing the trend – that’s why the dollar will weaken
The Federal Reserve left the key interest rate unchanged at 5.5%. The decision was expected by the markets. However, what…
Calendar of Federal Holidays in the United States for 2024
All public holidays in the USA for 2024. US Federal Holiday in 2024 1 Jan 2024 – New Year’s Day15…
EUR/USD will reverse trend this week
Regardless of what happens this week, our prediction is that EUR/USD selling will continue. The dollar will regain lost ground…