CFD News

German government cuts 2022 GDP growth forecast to 3.6% from 4.1%

In its these days posted annual financial report, Germany’s financial system ministry stated that they decreased the 2022 GDP boom forecast to 3.6% from the October estimate of 4.1%, as said by using Reuters. Additional takeaways “German government expects 2022 GDP boom to be entirely pushed with the aid of home demand, nearby investments.” “German authorities expects…
Read more

EUR/USD Price Analysis: 2021 low of 1.1524 appears at risk, eyes on NFP

USD/INR Price Analysis: Bulls eye a 61.8% golden ratio target

CFD News

EUR/JPY Price Analysis: Downside has further legs to go

EUR/JPY intensifies the each day pullback and re-visits the mid-128.00s for the first time on the grounds that mid-December. Price motion in the move now looks to favour an more decline in the momentary horizon, in particular after EUR/JPY was once unable to retest/surpass the YTD peaks in the 131.50/60 location (January 5). That said, the subsequent assist of relevance now emerges at the December…
Read more

EUR/USD Price Analysis: 2021 low of 1.1524 appears at risk, eyes on NFP

USD/INR Price Analysis: Bulls eye a 61.8% golden ratio target