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EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
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India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as...
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How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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U.S. tech stocks rose across the board, Apple rose nearly 2%, and the iPhone 14 Pro was sold out within half an hour of...
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Large technology stocks rose across the board, with Facebook up over 4%, Amazon, Netflix, Google, and Microsoft up over 2%, and Apple up nearly...
The US “stock and debt double killing” may not end, the dollar may remain strong
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On September 14, the CICC research report pointed out that the US CPI in August increased by 8.3% year-on-year, and the core CPI excluding...
The appreciation of the U.S. dollar overwhelms the currency circle: 1 billion big liquidation, Bitcoin and Ethereum have withdrawn 70%, and the top platform...
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"The appreciation of the U.S. dollar overwhelms the currency circle: 70% of Bitcoin and Ethereum have retraced from the high level of the 1...
Tesla’s first V4 supercharging station may be located in Arizona, USA, with a charging power of 250 kilowatts
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On September 14, according to Teslarati reports, Twitter users found that Tesla (TSLA.O) will build the first V4 supercharging station in Arizona, the United...
The degree of subsequent demand release of asphalt remains to be seen, and the growth rate of demand may not be as fast as...
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Futures Special Everbright Futures Comments Today’s main asphalt contracts fell sharply: 1.The U.S. CPI in August announced on Tuesday increased by 8.3% year-on-year. Although it...
The average production cost of Tesla’s electric cars has dropped to $36,000, less than half of what it was in 2017
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According to foreign media reports, Martin Viecha, Tesla’s head of investor relations, revealed that in 2017 Tesla’s cost of producing each car was $84,000,...
The Fed’s hawkish stance doesn’t mean the dollar has peaked
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In European trading on Tuesday (September 13), the US dollar index fell from a high level and is currently trading around 108. As of...
UK unemployment falls to lowest level since 1974
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In the European session on Tuesday (September 13), the latest price of GBP/USD was 1.1723, and the opening price was 1.1682. Britain's unemployment rate...
The Fed must face greater challenges, and the intensity of monetary policy may be reduced
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In European trading on Tuesday (September 13), the US dollar index rose and fell, temporarily reporting 107.97, a decrease of 0.30%. Since then, it...
The European Central Bank raises interest rates by the most, but it does not bring an effective boost to the euro
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In European trading on Tuesday (September 13), EUR/USD rose, temporarily reporting 1.0147, or 0.26%. The European Central Bank recently announced that it will raise...
Institutional Analysis: Weakening of the US dollar index DXY pushes up precious metal prices
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On September 12, gold and silver prices rose sharply on Monday, mainly driven by the sharp fall of the US dollar index again. The yield...
Today, the US dollar index DXY fell 18 points in the short-term
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Today, the US dollar index DXY fell 18 points in the short-term and is now at 108.03.