The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
German IFO expectations for August
2020-08-25 • Updated
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading slightly below the Tenkan Sen level. A higher thrust of the market will lead the exchange rate above this level, confirming the bullish outlook.
European Market View
German IFO expectations for August are about to edge slightly higher. The details of the plunge in German GDP for the second quarter will be released.
The United States consumer confidence will indicate the extent to which consumers have been affected by uncertainty about the new fiscal package and the still high coronavirus cases.
European Key Point
- German IFO expectations for August.
- The United States consumer confidence.
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy