Category: Trading

The European Central Bank has decided to leave the main interest rate unchanged at the level of 0.00%, together with the deposit facility rate at -0.40% and the marginal lending facility at 0.25%. Nevertheless, during the ECB press conference, the market participants received a hawkish modification of the previous statement from the ECB. ECB President […]

The dollar is turning in a mixed performance against its major rivals Friday afternoon, but remains little changed overall. Investors were pleased by the stronger than expected increased in February employment, but were concerned over the slowdown in the pace of wage growth. Job growth in the U.S. saw a significant acceleration in the month […]

Overview The silver price continues to fluctuate at the bullish trend line that rises now to 16.40. Holding above this level keeps the bullish trend scenario valid on the intraday and short-term basis, while the break of this level will push the price to the 15.49 areas directly. Therefore, we still expect the bullish trend […]

Colombia expressed its concern to the United States regarding the duties imposed by President Donald Trump on steel and aluminum imports. On a state visit to Washington DC, the Finance Minister, Mauricio C?rdenas, and the Minister of Commerce, Industry and Tourism, Mar?a Lorena Guti?rrez, said that they will request to the U.S. an exemption from […]

Overview The gold price tested the 1,316.48 level and has been holding steadily above it until now, accompanied by stochastic move at the oversold areas, which supports this level and protect the recently suggested positive scenario. The price is likely to rebound bullishly and resume the bullish trend, which targets begin at 1,335.40 and extend […]

Here is a list of economic data releases expected for the next week in Latin America. All times are Eastern Time (ET). Monday, March 12 No relevant data expected. Tuesday, March 13 Brazil: the January retail sales data will be published at 8 AM by the national statistics office (IBGE). Mexico: the January industrial output […]

Если в 2014-2016 самой обсуждаемой темой на Forex являлась дивергенция в монетарной политике ФРС и других центробанков, во второй половине 2017 на фоне разгона мировой экономики говорили о конвергенции, при которой оба регулятора двигаются в одном направлении, а курсы валют зависят от скорости нормализации, то в 2018 рынки помешаны на торговых войнах. Нельзя сказать, что […]

Colombian presidential candidates Gustavo Petro (Human Colombia) and Iv?n Duque (Democratic Center) are in a technical tie in voting intentions for the next presidential elections in May, according to a survey conducted by the National Center of Consultancy (CNC) and released by CM&. According to the survey, Petro, a former mayor of Bogot?, leads with […]

USD/CHF is expected to trade with bullish outlook. The pair recorded a series of higher tops and higher bottoms, which confirmed a bullish outlook. The upward momentum is further reinforced by both 20-period and 50-period moving averages. The relative strength index shows upward momentum. Hence, above 0.9465, look for an advance with targets at 0.9535 […]

The board of directors of the Brazilian Regulatory Telecommunications Agency (ANATEL) fined Telefonica Brasil in R$ 370 million (US$ 113.78 million) for noncompliance with service and quality rules in its landline services. The fine was decided after an analysis of the operator’s appealing against ANATEL’s decisions in 20 cases. The chairman of Anatel, Juarez Quadros, […]

President Trump approved new duties on steel and aluminum imports, condemning the decisions of the US’s main trading partners. Trump also accepted the invitation to meet the leader of North Korea, Kim Jong Un, which improved the mood on the market. The Bank of Japan, as expected, maintained its policy unchanged. Generally, you can not […]

Bulgaria Jan Industrial Output Up 3.5% On Year The material has been provided by InstaForex Company – www.instaforex.com Source link

Overview Silver price has settled near the bullish trend line that is displayed on the above chart. As long as the price is holding above 16.35, the bullish trend scenario remains active for today, as breaking this level will push the price to visit 15.49 areas before any new attempt to rise. On the other […]

Japan M2 Money Stock +3.3% On Year In February; M3 +2.8% The material has been provided by InstaForex Company – www.instaforex.com Source link

Overview Gold price begins today’s trading with a slight bullish bias after the decline that we witnessed yesterday. The upward bias has been spurred by the positive signal provided now by stochastic. The price is waiting to rally to 1,335.40 followed by 1,342.00 levels to confirm a further bullish trend on the intraday and short-term […]