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EUR/USD: FOMC – Are Surprises Expected on 31 July? This review will begin somewhat unusually, not from the start, but from the end of the past work week. On the evening of 18 July and the morning of the 19th, system administrators and users encountered non-functional servers and PCs running Windows. These systems began displaying […]

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Weekly Economic & Financial Commentary: A String of Upside Surprises, but Growth is Slowing in the U.S.

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EUR/USD Remains Supported For More Upsides Above 1.0880

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29/03/2024

Strong Growth is Good News If Inflation Remains Low

The US printed a better-than-expected growth of 3.4%. Sales grew more than expected, the GDP price index fell but fell slower than expected to 1.7%, corporate profits jumped nearly 4% in the Q3 versus less than 1% printed a quarter earlier and consumer sentiment jumped to the highest levels since mid-2021. In other words, the […]
29/08/2024

EURAUD Wave Analysis

EURAUD falling inside impulse wave (1) Likely to reach support level 1.6260 EURAUD currency pair continues to fall inside the weekly downward impulse wave (1) which started earlier from the key resistance level 1.7000 (former yearly high from the middle of 2023). The downward reversal from resistance level 1.7000 created the weekly Japanese candlestick reversal […]
07/08/2024

NZDUSD Jumps Aggressively Higher

NZDUSD records a sizeable green candle today Strong reaction following the recent acute correction Momentum indicators are mixed, bearish pressure weakening NZDUSD is edging aggressively higher today, cancelling out a good part of the recent correction that led to a new 9-month low. The overall positive market sentiment and the stronger labour market data from […]