Hawthorne
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USD/CHF Price Analysis: Trades close to six-month high around 0.9150
USD/CHF oscillates near a six-month high around 0.9150, exhibiting strength ahead of crucial US data. The SNB is expected to extend the rate-cut cycle in June. The Fed sees the current interest rate policy framework as appropriate. The USD/CHF pair hovers around the six-month high of 0.9150 in Wedne
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DAX Climbs As Business Activity Returns To Growth
German stocks climbed on Tuesday after a preliminary survey showed private sector activity in the country unexpectedly returned to growth in April as the services sector outperformed. The HCOB German Flash Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 50.5 from 47.7
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EUR/USD: The pair remains on consolidation mode, but risk of 1.0600 collapsing remains on the table
The single European currency is trading near the 1,0650 levels having reacted slightly after being temporarily pressured in the early hours of Friday in the wake of Israel's limited-range attack on Iranian soil. Τhe European currency found itself again a breath away from the level of 1,06 which, how
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Nagel sees an ECB rate cut in June as increasingly likely
On Wednesday, Joachim Nagel, a policymaker at the European Central Bank, stated that a rate reduction for the institution appears to be becoming more probable for June. However, he also noted that certain components of the incoming inflation data still seem to be higher than desirable. "Underlying i
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Understanding the 4 different types of money
Money - It fuels our economies, allows us to acquire goods and services, and shapes our financial decisions. But what exactly is money? This seemingly simple question has a surprisingly complex answer. Throughout history, various objects and concepts have served as money, and even today, there
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Forex Today: US Dollar stretches higher ahead of Fedspeak, housing data
Here is what you need to know on Tuesday, April 16: The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals on Monday. The US economic docket will feature Housing Starts and Building Permits data for March. The Federal Reserve (Fed) will release Industrial
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Pull-up Update