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Analytical Overview Of The Main Currency Pairs - Wednesday, May 31
From the technical point of view, the medium-term trend on the currency pair USD/JPY is bullish. The price is forming a flat corridor on the levels of moving averages.
Australia Has Seen A Sharp Rise In Inflation
In Australia, consumer prices rose much more than expected in April, prompting markets to consider a greater chance of further rate hikes.
Relations Between The US And China Continue To Deteriorate
Most Asian stock indices fell on Tuesday as optimism over a deal to raise the US debt ceiling was offset by fears of worsening relations between Beijing and Washington amid renewed trade and political sanctions disputes.
Analytical Overview Of The Main Currency Pairs - Monday, May 29
From the technical point of view, the medium-term trend on the currency pair USD/JPY is bullish. The price is moving to the daily resistance level of 141.07.
US Policymakers Reach An Agreement On Raising The Debt Ceiling
After weeks of difficult negotiations, McCarthy and Biden reached a tentative agreement this weekend on raising the debt ceiling.
Analytical Overview Of The Main Currency Pairs - Friday, May 26
The German economy entered a technical recession in the first quarter of this year. Data from the German statistical office on Thursday showed a downward revision of GDP (gross domestic product) from 0 to 0.3%.
Nvidia's Growth Pushed US Stocks Higher. Gold Hits A 2-Month Low
The US stock indices traded yesterday without a single trend. The Dow Jones Index (US30) decreased by 0.11%, and S&P 500 (US500) gained 0.88%.
Analytical Overview Of The Main Currency Pairs - Thursday, May 25
The FOMC protocol showed that the officials are divided in their support for further rate hikes. The door to further rate hikes remains open, and the decision will depend on new data coming in.
Negotiations On The US Debt Ceiling Are Deadlocked - In Germany, There Is A Drop In Business Optimism
The US stock indices ended Wednesday's trading in decline, as negotiations between the White House and Republican representatives to raise the US debt ceiling were seriously delayed.
Analytical Overview Of The Main Currency Pairs - Wednesday, May 24
The trend on the EUR/USD currency pair on the hourly time frame is bearish. The price is forming a flat structure with elements of bearish pressure. The MACD indicator has become negative again.
Intel Is Changing The Vector Of Development
On Monday, Intel Corp. revealed some new details about the artificial intelligence computing chip it plans to introduce in 2025.
The US Federal Reserve Officials Are Hinting At A Pause In The Rate Hike Cycle
In his speech Friday, US Federal Reserve Chairman Jerome Powell hinted at a pause in the rate hike cycle, indicating that the Fed can afford to examine the situation, given how far it has come.
Core Inflation In Japan Rose Again To A 40-year High. Gold Falls Amid Rising US Government Bonds
White House economic adviser Lael Brainard said Thursday that a default on the $31.4 trillion US debt would lead to a recession in the US economy.
Analytical Overview Of The Main Currency Pairs - Friday, May 19
The trend on the EUR/USD currency pair on the hourly time frame is bearish. The price continues to decline, breaking through all support levels. The MACD indicator is in the negative zone,
Gold Declines, But The Outlook Remains Bullish
Gold, the supposed hedge against economic and political turmoil, fell below $2,000 for the first time since early May.
China's Economic Data Once Again Falls Short Of Expectations
Industrial production in China rose less than expected in April (actual 5.6%, expectations 10.9%). Lower-than-expected retail sales data (actual 18.4%, expectations 21%) suggest a sluggish economic recovery this year.
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