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…
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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

NZD/USD to resume the downtrend and retest major support at 0.6703/0.6697 – Credit Suisse

NZD/USD extends its aggressive rejection from its 55-day transferring common (DMA) at 0.6848 and analysts at Credit Suisse proceed to seem for the core downtrend to resume. The kiwi is set to retest foremost help from the lows of 2021 and 38.2% retracement of the whole 2020/2021 bull fashion at 0.6703/6697. Initial resistance is considered at 0.6752/60 “With medium-term momentum nonetheless…
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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