Analytics

GBP/USD looking for a new direction, like Brexit

March 28, 2019 Off

GBP/USD leans lower after Parliament voted for indicative votes. A broad range of options paralyzes Sterling for now. The technical picture is directionless, just like Brexit. GBP/USD is trading around 1.3200 in choppy, yet range-bound trading. Late on Monday, Parliament voted in favor of holding indicative votes on . Many see the House of Commons taking…

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EUR/USD not oversold anymore, ready for more falls?

March 28, 2019 Off

EUR/USD extends its slump amid concerns about downside risks. Draghi’s repeat of his dovish message does not help. The technical picture is bearish for the pair.  is trading above 1.1250, bouncing from the lows, as the US Dollar takes a breather from its gains, but this may be temporary. European Central Bank President Mario Draghi…

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OPEC’s Strategy 2019: Will Oil Princes Survive?

February 15, 2019 Off

Over the past few months, OPEC has been facing unprecedented challenges connected with certain changes on the global energy market. The trust’s 2019 strategy is aimed at production or price cuts, which are both evidently dead-end. The influence of international oil princes is becoming less pronounced. A number of large investment banks have already downgraded…

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Gold or fiat: What’s better for investing?

November 16, 2018 Off

The world economy depends on all types of existing commodities, be it precious metals, oil, and fiat currency. Investors enjoy a wide range of available options, but the choice should be made very accurately – cost of resources and other assets is always fluctuating. What is a better variant – gold or fiat money? Gold…

By admin-445