Euro’s forecast from Danske Bank
According to economists from Danske Bank, the euro is still overvalued. They see the fair price at 1.16. Let’s see why.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/USD ahead of big news
Watch out GBP/USD at 17:00 MT time as both the BoE speech and US PMI will be out.
Oil prices climb up
Oil prices are steadily growing as crude stockpiles have been declining for six weeks.
British pound is on rise
GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.
USD/CNH is dipping down for six weeks
The Chinese yuan gained after the better-than-expected manufacturing data. Let's have a closer look.
Gold: two steps forward, one step back
The yellow metal has loosened its’ previous steam, but some analysts believe it may rally again. What may underpin gold?
Euro bulls are back
EUR/USD is climbing up. The move above 1.1950 will drive it to 1.2000. Let’s find out the main reasons why it may happen.
Cooperation of Walmart and Microsoft adds volatility to the market
Yesterday, there was a huge announcement on that matter from one of the US largest retailers - Walmart.
NZD keeps rallying for the fourth day
NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?
Tesla surged to all-time high
Tesla hit a new record on Thursday. Does it still have the potential to the upside? Let’s look at what analysts say.
Silver: trading sideways
The Forex history counts six silver bull market periods, and the seventh one is possibly right now. Jump in to know!
USD/CAD dropped to January’s levels
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
