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3232Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
https://www.digit.info/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/
Fri, 23 Sep 2022 16:30:59 +0000https://www.digit.info/2022/09/23/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/Read more]]>On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]
]]>Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside
https://www.digit.info/gold-clearly-turned-bearish-says-societe-generale-as-td-securities-strategists-expect-further-downside/
Wed, 20 Jul 2022 14:00:55 +0000https://www.digit.info/2022/07/20/gold-clearly-turned-bearish-says-societe-generale-as-td-securities-strategists-expect-further-downside/Read more]]>According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last four months. TD Securities Market Analysts […]