Source: Eurostat Industrial production in September 2021 fell by 0.2% in the euro area and 0.5% in the EU from August. DAX is up +0.16%, EURUSD is up +0.02%. In the euro area, production of capital goods declined by 0.7% from August as intermediate goods saw a 0.2% drop, while production of energy remained unchanged. Durable consumer goods rose by 0.5%, while … [Read more...] about Industrial Production Plummets in the Euro Area and EU in September
EURUSD Weekly Outlook
The EURUSD pair is hovering near its lowest level in a month as investors reflect on the recent interest rate decision by the Fed on Wednesday. The pair declined to 1.15099, which was a 1.49% decline from its highest price in October at 1.16845. ECB and German retail sales President Lagarde stated on Thursday that the ECB is highly unlikely to raise interest rates in 2022 … [Read more...] about EURUSD Weekly Outlook
AUTOMIC TRADER Review
AUTOMIC TRADER is a Forex advisor built by the LeapFX team. It promises a minimum of 20% monthly profit with low risk and trades in multiple currency pairs. To check the veracity of this claim, we must conduct a detailed analysis of its live performance along with other aspects. Detailed Forex robot review On the official webpage, we can see some of the main … [Read more...] about AUTOMIC TRADER Review
BigPoppa Review
BigPoppa is a trading solution designed to make some profits on Forex. It was originally developed by the BenderFX company. The company lists several other products in their portfolio: Benderv2, Benderv4, and Shizuka. It’s hard to find intel about the developers and make sure whether they truly have relevant trading experience to design something viable. Detailed BigPoppa … [Read more...] about BigPoppa Review
Fixed vs. Floating Exchange Rate
A floating exchange rate is a free-market exchange rate whereby the market price for a country's currency is determined by the demand and supply forces. In this case, there are no third-party influences such as government interference or trade restrictions that can interfere with the rate. In contrast, a fixed exchange rate is an FX rate determined by a country's monetary … [Read more...] about Fixed vs. Floating Exchange Rate
