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EUR/CHF decline has stalled after achieving graphical level of 0.9250/0.9210 representing lows of December 2023 and August 2024, Societe Generale’s team of FX analysts note. EUR/CHF has a chance to establish below 0.9250/0.9210 “Daily MACD has started posting positive divergence denoting receding do

The 3Q GDP data significantly surprised to the downside. Consequently, we have reduced our FY 2024 GDP growth forecast to 0.5 percent. Additionally, a much lower carry-over effect and uncertainties surrounding the prospects of the main export markets have necessitated a downward revision of the GDP

In forex trading, the concept of "pip" is something you'll hear often, especially when traders talk about price movements. A pip stands for the smallest change in the price of a currency pair. Most major pairs like EUR/USD or GBP/USD move in increments of 0.0001, while pairs like USD/JPY move in 0.0

Gold price drops as rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data contribute to market volatility ahead of crucial Nonfarm Payrolls release. Fed Chair Powell's optimistic economic assessment tempers expectations for imminent rate cuts. Gold

During the session, the Coach asked Mike to analyze crypto-related shares and covered the DXY retesting major support levels. He also discussed the pullback in natural gas prices. Meanwhile, Mike shared insights about his trades and highlighted notable option sweeps Share: Analysis feed

The National Bank of Poland (NBP) left rates unchanged at 5.75% on Wednesday. The accompanying NPB statement did not bring much fresh news. Although, it probably shows a slightly less dovish tone than in November, ING’s FX analyst Chris Turner notes. FX to be supported by hawkish central banks “As w

France has been plunged into a political crisis, the question now is, will it trigger a crisis for financial markets? Late on Wednesday, the French government lost a no-confidence vote linked to its budget. This was widely expected, and it leaves France rudderless at the same time as its budget defi

Silver price attracts some sellers to near $31.20 in Thursday’s early European session, down 0.30% on the day. The cautious approach to rate cuts by the Fed drags the Silver price lower. Rising industrial demand for Silver might help limit its losses. The Silver price (XAG/USD) drifts lower to aroun

USD/CHF holds steady near 0.8860 in Wednesday’s early European session. The constructive outlook of the pair remains in play above the 100-day EMA with the bullish RSI indicator. The first upside barrier emerges at 0.8938; the initial support level is located at the 0.8800-0.8795 region. The USD/CHF