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May 16. Gold fell below $1,800 for the first time since the beginning of February

Today, the price of gold fell below the psychological level of $1,800 for the first time since the beginning of...

Tips for beginner traders in EUR/USD and GBP/USD on May 16, 2022

Economic calendar for May 16

Monday is traditionally accompanied by a blank macroeconomic calendar. Nevertheless, stable...

Tips for beginner traders in EUR/USD and GBP/USD on May 13, 2022

Economic calendar for May 13

Today the macroeconomic calendar is practically empty. The only thing you can pay attention to is...

May 13. Oil market shows signs of recovery

The price of oil continues to rise on Friday amid uncertainty about the imposition of a European embargo on oil supplies from Russia. Some EU countries...

Analysis and trading tips for EUR/USD on May 12

EUR/USD reaching 1.0555 led to a buy signal in the market, but having the MACD line far from zero limited the upside potential of the pair....

Tips for beginner traders in EUR/USD and GBP/USD on May 11, 2022

Economic calendar for May 11
US inflation data is expected to be published. The consumer price index is expected to decline for...

May 6. Brent rose to $114 per barrel

The price of oil is rising on Friday on continuing concerns that the market will face a shortage of supply.

The current Brent quote is $112.57 (the daily...

Tips for beginner traders in EUR/USD and GBP/USD on May 6, 2022

Economic calendar for May 6
The main macroeconomic event on Friday is considered to be the report of the United States Department...

Tips for beginner traders in EUR/USD and GBP/USD on May 5, 2022

Economic calendar for May 5

Today, the focus is on the meeting of the Bank of England, where they expect the fourth consecutive...

EUR/USD: Is a trend reversal possible?​​​​​​​

Major dollar pairs froze in anticipation of the announcement of the results of the Fed's May meeting. The EUR/USD pair was no exception here: the...

Tips for beginner traders in EUR/USD and GBP/USD on April 29, 2022

Economic calendar for April 29
Today, the publication of the first estimate of Eurozone GDP for the first quarter is expected,...

Tips for beginner traders in EUR/USD and GBP/USD on April 28, 2022​​​​​​​

Yesterday was a rather boring day in terms of macroeconomic statistics due to the lack of significant statistical data for...

Tips for beginner traders in EUR/USD and GBP/USD on April 27, 2022​​​​​​​

Economic calendar for April 27

Today is a rather boring day in terms of macroeconomic statistics due to the lack of...

Oil market news: while prices falling, return to the old days remains impossible​​​​​​​

Oil is declining sharply on Monday due to expectations of falling demand for energy resources in China....

American stock indices fell by 2.6-2.8%​​​​​​​

Pressure on financial markets continues to come from growing expectations of a rapid tightening of monetary policy by the Federal Reserve System...

Gold to resume growth in near term​​​​​​​

Gold closes this week with losses despite a great start. On Monday, the price shortly exceeded $2,000. Will gold develop an impressive rally again?
...

USD/CAD: Loonie is confused by ups and downs and looks to the downside, then to the upside​​​​​​​

The Canadian dollar started the week on the rise, and ends it in some confusion. After...

Asian indices grow on hopes for support from government​​​​​​​

Asia-Pacific stock indices showed mixed trading during Tuesday's session. The Chinese Shanghai Composite and Shenzhen Composite...

USD/JPY: dollar at its 20-year high versus Japanese yen

Pressure on the yen has returned. On Wednesday morning, USD bulls pushed the pair to the psychological level of 130.

The greenback is...

US stock market opens this week with decline​​​​​​​

In the session on Monday, US stock indices dropped on the back of a record rise in the yield of the 10-year Treasury note.

As a result, all...

Covid-19 outbreak in China damages growth prospects of country's economy​​​​​​​

China's economy is set to break growth records, but an unexpected outbreak of coronavirus, forced restrictive...

Bitcoin (BTC) will not fall below $24,500

Bitcoin is declining for the second week in a row under the influence of the negative dynamics of the stock market. The main decline in BTC last week...

Gold went into the shadow of a strong dollar

This week, the demand for safe-haven assets has increased significantly. Gold has benefited from another spike in US inflation. But it seems that...

April 14. ECB keeps rates unchanged​​​​​​​

The European Central Bank expectedly kept the base interest rate on loans at zero, the deposit rate – at minus 0.5%. The rate on margin loans is left at...

Hot forecast for EUR/USD on 14/04/2022

The single European currency showed a rather unexpected growth yesterday. Although it was insignificant, nonetheless. Moreover, the producer price index in...