SNB may tolerate EUR/CHF down near 0.95 during 2024 – ING

Share: The Swiss Franc (CHF) has proven to be the strongest G10 currency in the world this year. Economists at ING analyze EUR/CHF outlook. 2025 is when EUR/CHF will turn higher We think the SNB may tolerate EUR/CHF down near 0.95 during 2024 while it is still concerned with 2%+ inflation.  Into 2025,

Double Top Double Bottom MT4 Indicator

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Rand Unmoved by SARB Pause

RAND TALKING POINTS & ANALYSIS SARB keeps rates at 8.25% since their last hike in May 2023. Low trading volumes today will likely extend throughout the remaining trading session. USD/ZAR hovers around key resistance. Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get you FREE guide now!

Truce in Gaza to commence on Friday

Truce in Gaza set to commence on Friday at 07:00, according to Qatar. Qatar has received the list of civilians to be released from Gaza. Qatar’s spokesperson expresses hope that the truce agreement will ultimately lead to a permanent ceasefire. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

GBP/USD Boosted by Positive PMI Data

GBP/USD Analysis and Charts Better than expected PMI data underpins Sterling’s recent rally. Cable (GBP/USD) prints a fresh 10-week high. For all market-moving economic data and events, see the DailyFX Calendar ​The latest UK S&P Global PMIs beat both last month’s prints and expectations earlier today, with the all-important services sector leading the way. Learn

Euro bounces as investors cling to sliver of positive euro zone data By Reuters

© Reuters. FILE PHOTO: A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/File Photo By Amanda Cooper LONDON (Reuters) -The euro rose on Thursday for the first time this week, after data suggested the downturn in the euro zone economy may

Natural Gas extends losses to $3 as downside pressure mounts

Share: Natural Gas prices fall further as a ceasefire breakthrough in Gaza looks imminent.  The US Dollar trades in the red again for this week, erasing Wednesday’s gains. Natural Gas prices could decline to $2.70 in a worst case scenario.  Natural Gas (XNG/USD) is sinking this week as a ceasefire deal in Gaza

German PMI Points Towards Shallow Downturn

Euro Analysis German manufacturing and services sectors register meagre surprise to the upside EUR/USD rises but pulls back to levels observed ahead of the release Few catalysts this week point to potentially lower volatility as markets speculate on 2024 rate cutting cycle The analysis in this article makes use of chart patterns and key support