Created on April 23, 2025 The US dollar has shown itself to be somewhat resilient during the trading session on Tuesday, despite the fact that…
In an interview with Bloomberg on Tuesday, European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel noted that the world economy is in a…
Created on April 23, 2025 After starting the week with another leg up and testing known highs around the 3.73500 vicinity, the USD/ILS has seen…
USD/CAD retraces to near 1.3800 as the US Dollar surrenders initial gains. US President Trump has signaled a de-escalation in the tariff war with China.…
Created on April 23, 2025 The NZD/USD touched the 0.60290 ratio yesterday, but eighteen hours later was near 0.59385, and is now around the 0.59930…
The Brent oil price rose significantly yesterday and regained last Thursday’s interim high of just over $68 per barrel in the morning, Commerzbank’s commodity analyst…
Last week, OPEC published a new compensation plan to offset the previous overproduction, Commerzbank’s commodity analyst Carsten Fritsch notes. OPEC announces new compensation cuts through…
The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations…
Created on April 23, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.3200. Add a stop-loss at 1.3450. Timeline: 1-2 days.…
Xylem Inc. (XYL) has completed its wave (2) correction and is now poised to rally in wave (3) of (III), according to Elliott Wave analysis…