The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month performance in 7 years. Daily price is on primary bearish market condition located below Ichimoku cloud by trying to break 1.0874 support level to below for the bearish trend to be continuing with 1.0805 as a nearest possible target. Alternatively, ...
There is no two-ways about it: gold prices outperformed our expectations in Q1’22. Our rationale for not taking a bullish outlook on gold was, and still is, well-grounded: central banks, including the Federal Reserve, have begun to winddown pandemic-era stimulus efforts, with rate hike cycles just getting started. more...
A report released by the Commerce Department on Tuesday showed the U.S. trade deficit was nearly unchanged in February, as imports and exports both increased. The Commerce Department said the trade deficit narrowed by less than $0.1 billion to $89.2 billion in February. more...
German exports rebounded at a stronger-than-expected pace in February, data from Destatis showed on Monday. Exports grew 6.4 percent on a monthly basis, reversing a 3.0 percent fall in January. Shipments were forecast to climb 1.5 percent. more...
There’s no two-ways about it: gold prices outperformed our expectations in Q1’22. Our rationale for not taking a bullish outlook on gold was, and still is, well-grounded: central banks, including the Federal Reserve, have begun to winddown pandemic-era stimulus efforts, with rate hike cycles just getting started. more...
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