The outcome of Jerome Powell's speech turned out to be positive for the US dollar. The market has significantly increased expectations that the Fed will begin reducing its balance sheet this year, and the first interest rate hikes may take place as early as next year, and not as …
The currency pair is trading in the range of the upper boundary of the Ichimoku cloud. Probably, the descending wave pattern is a correction wave (B) of the ascending pattern. Awesome Oscillator shows Bullish divergence, while Stochastic Oscillator signals oversold conditions.
: monitor the price movement …
Wednesday, June 16th, today’s news—a five-year ceasefire agreement in the US-EU dispute over subsidies to aircraft manufacturers on Tuesday showed that despite progress, fundamental trade relations between the parties remain fragile. There are still many unresolved differences, diplomats and experts say. The price of Brent oil is $74.40 per barrel, …
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