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Forex investments
the base PPI rose by 3.1% in March against the forecast of + 2.7%

the base PPI rose by 3.1% in March against the forecast of + 2.7%

USA: March, PPI + 1.0% m / m vs. forecast + 0.5% Overall PPI 4.2% y / y vs. 3.8% forecast and previous. 2.8% Base PPI excluding food and energy 0.7% m / m vs.…

Forex investments
remains in the red above 0.7600, maintaining the bearish bias

remains in the red above 0.7600, maintaining the bearish bias

Strengthening USD put pressure on a couple AUD/USD… Decline gets support in the area 0.7600. A bearish rectangle is forming on the chart. AUD / USD failed to develop an intraday rebound from weekly lows…

Forex investments
USD / JPY continues to break through to 110.00

USD / JPY continues to break through to 110.00

USD/JPY traded today with intraday gains. The pair is getting support thanks to rising Treasury yields. The dollar index remains in the green above 92.20. USD / JPY made daily highs at 109.96 today, but…

Forex investments
excess accommodation has side effects

excess accommodation has side effects

According to Reuters, President of the Federal Reserve Bank of Dallas R. Kaplan said today that he is not going to prematurely discuss the issue of winding down QE until it becomes clear that the…

Forex investments
decisive support lies at 1.3670

decisive support lies at 1.3670

As FXStreet analyst Yohei Elam writes, commenting on the current technical situation on GBPUSD, both currencies in the pair were under pressure, but the pound won this “competition of weaklings” – problems with the vaccine…

Forex investments
New York Fed lowers its forecast for US GDP for the 1st quarter

New York Fed lowers its forecast for US GDP for the 1st quarter

Federal Reserve Bank of New York: current forecast for US GDP for the 1st quarter. 2021 lowered by 0.2% to + 6.0% GDP forecast for the 2nd quarter decreased by 0.1% to 1.5% The main…

Forex investments
GBP / JPY: May Test 150.00 Area Again

GBP / JPY: May Test 150.00 Area Again

GBP / JPY has formed a corrective low at 149.59, in line with the development of a pullback from multi-year highs recorded on Tuesday above 153.00. P

Forex investments
EUR / USD: Long-term bias remains bearish

EUR / USD: Long-term bias remains bearish

As Valeria Bednarik, chief technical analyst at FXStreet writes, commenting on the current technical situation for EUR / USD, the pair recovered this week, hitting a maximum at 1.1927, but failed to gain a foothold…

Forex investments
economic expectations will support the pound in the 2nd quarter – CIBC

economic expectations will support the pound in the 2nd quarter – CIBC

CIBC analysts believe that the pound should hold firmly against the dollar. According to their estimates, by the end of the 2nd quarter GBP / USD will be trading in the 1.38 area, and by…

Forex investments
yield divergence will support dollar – CE

yield divergence will support dollar – CE

Analysts at Capital Economics believe that the growth in yields on government bonds in the US, exceeding similar indicators in other developed countries, will support the dollar, as it has always been since the global…