Tag: inflation

July 26, 2022 BY Steffy Bogdanova

Weekly data: FOMC and US GDP in the spotlight

The main downtrend is still active with the price below all of the 50, 100 and 200 SMAs, but there is no longer any sign of oversold from either the slow stochastic or Bollinger Bands; the former at around 65 is between neutral and overbought. The next movement for EURUSD depends on the reaction to…

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June 28, 2022 BY Steffy Bogdanova

Weekly data: European inflation ahead

On the chart, the picture is generally neutral aparts from moving averages. Volume is low so far this week and the slow stochastic is almost exactly neutral at just above 50. The 50 SMA is the main technical reference at the moment, with movement above there unlikely unless traders receive positive new information of some…

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weekly markets analysis
February 17, 2020 BY Valentina Kirilova

Weekly data preview: Claimant count change and inflation

The following article was submitted by Michael Stark, market analyst at Exness. The most important regular data for financial markets this week is tomorrow’s claimant count change from the UK. Other key releases due this week are ZEW sentiment from Germany plus annual inflation in Canada, Japan, Sweden and the UK. One of the biggest…

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December 20, 2018 BY Mariela Naydenova

Venezuelan pensions converted to Petro without consent

The Venezuelan government recently introduced a state-backed digital coin, called Petro. The country has been facing economic downturn and the Venezuelan President, Nicolas Maduro, introduced the oil-backed digital coin to fight the dying economy. Back in the summer of 2018, the situation in Venezuela was so critical that people had to line with days for food…

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