Who’s been waiting for a rate hike? Here it is
News of the day, Wednesday, 16 March
The outbreak of Covid-19 in China is supposed to hit at least 50% of first-quarter gross domestic product, Citi analysts predict. Since the week started, China has witnessed the worst covid flare-up since …
Gold continues its bearish movement after it managed to breach the support level 1926.70 and settle below it, thus opening the way for more decline and an attempt to reach the next target 1892.20.
The moving averages are an additional factor for the continuation of the bearish movement as they …
The GBP/USD pair rebounded slightly to the upside and is moving at the upper limit of the descending channel within which it has been moving for three weeks in an attempt to end the bearish path.
The 50 average continues to pressure the price to complete the decline, as it …
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