Latest Market News
The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help investors ask informed questions about the interest a brokerage firm charges for margin accounts. A “margin account” is a type of brokerage account in which your broker-dealer lends you cash (“margin loans”), using the securities and money that you hold […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the broken resistance area at 1.0920; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0965 and then resume moving downwards to reach 1.0735. Another signal in favour of a […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Doji reversal pattern close to the resistance level, USDCAD is reversing in the form a new descending impulse. In this case, the downside target may be at 1.2460. However, an alternative scenario implies that the asset may correct […]
Sterling falls against the euro following the release of ECB minutes. Sterling fell against a stronger euro on Thursday, as the minutes of the European Central Bank’s March meeting were more hawkish than expected. At their March 10 meeting, ECB policymakers appeared eager to reduce stimulus, arguing that conditions for raising rates had either been […]
Today, Thursday, oil prices returned to rise again, to compensate for some of the losses they incurred during trading on Wednesday, when they fell to their lowest level in 3 weeks. Oil prices started trading on the rise today, but later fell, and then rebounded in volatile trading, as fears of shortage of supplies dominated […]
The specter of stagflation in the EU greatly complicates the ECB potential to effectively use monetary policy. It becomes clear that commodity supply disruptions and trade contraction cement high inflation, while real output growth forecasts become less rosy as consumer demand may eventually begin to sag under the burden of rapid price increases. These concerns […]