Euro Wins Back Position

in Germany there are conditions for the formation of a broad coalition.

Economic News
27. Nov. 2017
Euro Wins Back Position

The situation in the eurozone is stabilizing. By the beginning of the trading on Monday the euro has continued to win back its positions and is approaching 2-month highs.

The political situation in Germany, which previously had a negative impact on the single currency, began to stabilize. Thus, under pressure from voters and a reluctance to hold new parliamentary elections, the Social Democratic Party and the Bavarian conservative party agreed to alliance talks with Angela Merkel, which can contribute to the creation of a grand coalition.

The dollar index continued to show a negative trend and went down to monthly lows. The focus of investors is a vote of the Senate for the adoption of Trump's tax reform. In the case of the adoption of new tax rules, it will stimulate the growth rate of the reserve currency, as well as contribute to the attraction of the country capital and finance industries in the country.

One of the big news today is that the most popular cryptocurrency Bitcoin over the weekend not only got back to the mark of $8,000, but has risen above the level of $9,000 and currently one Bitcoin is worth $9,542.

SuperForex
Black Friday

Economic News

Black Friday

Sellers are preparing to make a profit.

SuperForex
24. Nov. 2017
Oil Prices Lower Again

Economic News

Oil Prices Lower Again

The higher prices encouraged the US to up their production, causing a new decrease in the value of oil.

SuperForex
23. Nov. 2017
Holidays in the US and Japan Today

Economic News

Holidays in the US and Japan Today

In the United States Thanksgiving is celebrated today.

SuperForex
23. Nov. 2017