If you understood the fundamentals you would've bought the USDCHF after the fall on Friday, why? Because while we had beautiful technicals for the the sell going down we also had the passage of the US tax bill which if you understood the fundamentals you know would result in a rally in the USD. So many traders lost all their profit from the fall because they...
The US Senate released its soft version of tax-cut plan on Thursday featured with two stages of implementation. In particular, firms may need to wait for tax breaks till 2019 what leaves a little from anticipated stimulus boost, though less risky for government budget.
The budget committee has already approved a reform option and next week the House of...
The ECB is ready to postpone the introduction of more stringent rules on bad debts after European Parliament and Italy took swipe on the project, one of ECB governors said on Thursday. The regulator is seemingly prevented to take security measures against the background of a gradual stimulus downgrade as the regions are still heavily dependent on cheap cash and...
