Recession can be defined as the contraction of a business or economic cycle when a general decline in economic activity lasts for months or even years and it also a significant decline in general economic activity in a particular region. During recession economy experiences the negative gross domestic product (GDP), rising levels of unemployment, falling [...]
The Euro pair has extended its progress in the European session today. The major currency pair is fighting for new traces after falling for three days while the previous day, do not forget that the pair reached its lowest consolidation phase in 15 months. The current resolution among EUR / USD traders may be linked [...]
Fundamental view: Bitcoin showed a uptrend against the greenback during the course of the week. Bitcoin adoption in 2021 has been increasing. From increased usage of BTC in El Salvador to rising BTC ATM installations and thus the future for Bitcoin looks bright. The adoption began with retail sector already, institutions have also started taking a look at BTC. [...]
Fundamental view: Gold moved up and down against the greenback during the course of the week. The risk-averse market environment at the beginning of the week extended a helping hand to the precious metal. On Monday, The only data from the US showed that Factory Orders increased by 1.2% on a monthly basis in August [...]
