The common currency primarily benefits from investors gradually withdrawing from the safe haven of us dollars. At 1.1172 dollars, the euro is currently at its highest level since the end of March. At the top, the price was just below the 1.12 dollar mark. The European Central Bank (ECB) set the reference rate at 1.1174
EUR/USD has risen sharply in recent days. From last week it was an increase of about 3 figures, which is a considerable achievement for the average volatility so far. The weakening of the dollar is also accompanied by an improvement in global investment sentiment, flowing capital to equity markets (including emerging markets) and negatively correlated
Hong Kong, which for 155 years (1842 –1997) was an overseas territory of the Kingdom of Great Britain and Northern Ireland, and for 23 years functioned as a special administrative region of the People's Republic of China was at the turn of history. There is a growing advocate that the time of its real autonomy
Past days definitely belong to the zloty. This is not an exception, however, as the improvement in moods has also spread across the remaining emerging markets, strengthening their currencies. This is well illustrated by the WisdomTree Emerging Currency Strategy Fund chart, i.e. the ETF that gives exposure to emerging market currencies (ticker: CEW), which has
Brazil, the world's ninth largest economy, generates a nominal GDP of around US $ 1.8 trillion. Range of approx. 2% contribution in global GDP, however, it does not reflect Brazil's real contribution to the international division of labor. The significance of this impact on the macroeconomic stability of global economic life is only revealed to
Don't miss your next moves on CHF / PLN. A drop to 4.04 is highly probable, but at the moment we are much higher, why should we miss the way down? Below are two strategies, one assumes taking the sales position after closing the candle, the price of which will fall below 4.17. The second
PLN, like many other markets, has moved sideways in recent weeks. Last week has already signaled that the market will move to correction. The franc sellers managed to leave a long, negative candle on the weekly chart, and the market left the range of almost 2-month fluctuations. So we move to correction and it's time
The consensus that blew out the pandemic The initial trade consensus between the United States and China reached in mid-January (disturbed by the effect of the global COVID-19 pandemic) was put to a very serious test these days. In our opinion, the situation is becoming so tense that a possible return to the starting point
In recent months, there has been a lot of interest in precious metals, especially gold. Investors usually look at gold in market uncertainty, which was very high in February and March. The demand turned out to be so high that the price of "paper" gold (derivatives) was moved away from the physical (also due to
When looking at the situation on the main indicies, currently CAC40 technicians pay more and more attention. If we look at the CFD's weekly chart, we are now in a very sensitive place. Around 4600 points in the past they have proved to be a turning point many times. In more cases, the sellers showed
