Will U.S. business statistics normalize the agenda?Markets last week again the subject of trade wars stamp was. On the last day of the week, U.S. President Donald Trump's announcement that the European Union would bring customs duties to EU-derived cars increased tension. During the week, statements from many countries have been followed, while the chaotic environment in the markets has also caused a change in pricing behavior. In some assets, mainly stock indexes, sales pressure was slow, while…
Community Blog
EURusd overview
The ongoing refugee crisis between the Christian Union bloc (CDU and CSU parties), one of the largest partners of the German coalition, remains uneasiness over Euro assets. Especially in recent days, statements made after the meeting by Prime Minister Angela Merkel and CDU Parliamentary Group President Volker Kauder show that there is no agreement on immigration policy. Explanations that may come today or in the following days can be directly effective on the parity, so it is useful to follow ca…
Brent oil
Iran, the third largest oil producer of OPEC after Saudi Arabia and Iraq, intensified its efforts to protect itself against US sanctions and sent a letter to the members of OPEC by Iranian Minister of Finance Bijen Zengen, demanding support under the second article of the OPEC Charter. Article 2 emphasizes the protection of the interests of the Member States individually and collectively. He also signaled that he has not yet reached an agreement with Saudi Arabia on the possible need to increase…
The Channel in USD/PLN
Indicators: Fibonacci Retracements, RSI, Volatility, Volume, HMM