9. Jan. Viele Experten sind sich jedoch uneinig wohin die Reise Handeln beginnen, um von der Wirkung von Euro Kapital zu profitieren!. Ø ,82 EUR Einzelprognosen jeweils zum Ende des Jahres Natürlich sind Vorhersagen und Ausblicke eine Hilfe für Entscheidungen. 9. Dez. Die Nostradamus-Vorhersagen für das kommende Jahr scheinen fast genauso zu Laut Rose Sterns Deutung der Nostradamus-Texte soll der Vesuv ausbrechen. .. Tischbohrmaschine für knapp 80 Euro bei Aldi?.
China has not only got alternative trade partners but also cut costs for business and consumer to cushion the impact of US tariffs, with tax reforms.
Then, is the Federal Reserve. US President Trump opened yet another battle front during the second half of the year that rocked the boat.
He decided to interfere with what no other US President did: It was sort of a vicious circle, with the dollar rising amid the US Federal Reserve lifting rates, and a stronger local currency generating wider trade deficits and slower growth.
Chief Powell went from "a long way ahead" toward neutral rate levels to "just below" the level from October to November. In its latest monetary policy statement, Powell said that the Fed funds rates are "now at the lower end of neutral.
In the meantime, the US yield curve flattened. The year Treasury note fell to 2. An inverted yield curve is usually seen as a sign of recession, and while is not yet time to panic, indeed are worrisome days.
Across the Atlantic, things are no better. In its December meeting, the central bank downgraded its growth and inflation forecasts, and while still showing confidence on future developments, the central bank is now set to remain on hold at least until the final quarter of Uncertainty, not only coming from US protectionism but also by local turmoil, with France falling into recession, fears of an Italian credit crunch, and the UK departure around the corner without a clear deal.
For sure, the developments that dominated the FX board during this year will keep on leading the way in the first quarter of There are two key events that will take place in these first three months that could seal the fate of the pair: And as said, with monetary and fiscal stimulus no longer being enough to solve things, financial turmoil is set to escalate.
Following a strong rally in January that extended into the first week of February taking the pair up to 1.
December seems poised also to end positively, but with the pair at current levels, a relevant recovery is still out of the picture. The weekly chart shows that the pair has been consolidating for eight consecutive weeks, with the highest level reached after the mentioned yearly low is 1.
Long-term charts, like the monthly and weekly ones, show that technical indicators remain within negative levels, without clear directional strength reflecting the lack of directional strength seen these last two months, and falling short of suggesting a possible comeback of the common currency.
The downside, on the other hand, seems well limited by the mentioned low that if broken, could result in a downward extension toward the 1.
Below this last 1. Count 1 -and its a lower projection at 0. Count 2, established at the beginning of , reached its objective at 1. During the ascent move, another impressive column of Xs was built, from which count 3 emerges.
Unfortunately for the bulls, the pip fall from the 1. Only a break above 1. In , pair turned nicely away from the upper red line of an ending diagonal, so wave IV appears to be in place and a new bearish leg can be already underway to 1.
That said, EURUSD could remain in a bearish shape, but in the mean-time we may just see a temporary corrective recovery in the 1 st quarter of towards 1.
The situation looks clear. A Close above 1. A drop below 1. Looking to buy the dips. A barometer of global growth and markets. Daily Technical Trading EN: Danish Comment en EN: Danish Macro Forecast EN: Emerging Markets Comment EN: Fast Comment China EN: Fast Comment Denmark EN: Fast Comment Eurozone EN: Fast Comment Norway EN: Fast Comment Sweden EN: Finnish Comment en EN: Finnish Macro Forecast EN: FX Morn comm EN: Global Macro Forecast EN: Macro Comment Eurozone EN: Macro Comment Finland EN: Macro Comment India EN: Macro Comment Norway EN: Macro Comment Sweden EN: Market Participant Survey EN: Monthly Macro Update EN: Morgonkommentar Krediter sv EN: Morning Comment old EN: