The past trading week was somewhat confusing, with many currencies moving in surprising directions. For example, the Japanese yen and the Swiss franc are regarded as safe currencies and naturally move in the same direction. But this week, the Japanese yen finished trading as the strongest currency on the Forex market, while the Swiss franc …
During the 12 trading sessions, Apple decreased by more than 20% from its all-time high and lost above half a trillion in market cap. On September 2, the company has dropped 22.6% from its intraday record high of $137.98. The giant company lost nearly $532 billion in market value. Before that sharp decline, shares of …
Apple decreased by more than 20% from all-time high Read More »
Gold and silver prices fell in early trade on Monday as traders booked profits while waiting for clarity on the U.S. Fed policy. A slew of restrictions in several European cities checked the drop in prices. Despite an exceptional performance in the first half of the year, while gaining more than 25% from its March …
EURUSD The Euro to US dollar pair has been close to its support level for quite some time now, struggling to rise, it has been fluctuating insignificantly right above the level. Reaching the support level might mean reversal of trajectory for the moving average of the pair. The future of the EUR/USD is under question …
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