Upbit is not so upbeat right now, BMW has come to an agreement, & EU states should be able to draw more profits.
BMW management and labor have reached an agreement on measures to reduce costs that avoids “drastic measures”, the German carmaker said on Wednesday. Affects BMW
It is the European Central Bank’s duty to keep the value of the euro stable and make it a safe means of payment, the ECB’s new President Christine Lagarde said on Wednesday. Affects EUR
The president-designate of the European Commission Ursula von der Leyen said European Union states should profit from leeway allowed by EU fiscal rules to boost growth. Affects EUR
Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday. Affects Tesla
South Korean cryptocurrency exchange Upbit fell victim to a hack attack; the attackers stole 342,000 ETH coins to the tune of $50 million. Affects Ethereum
The German CPI (MoM) for November will be released. The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers. Affects EUR.
The new composition of the European Commission, headed by former German Minister of Defense Ursula Von der Leyen, was approved. The head of the body noted climate protection, innovation, and the development of digital technologies among the key priorities of her activities.
The currency pair did not respond to the speech of the head of the European Commission, however, its bearish trend may continue to at least 1.09900, where there is a Fibonacci support level.
The crypto asset graph formed an inverted Head and Shoulders. With a breakdown of the level 150, bulls could begin to behave more actively.
Basic dollar index
The US dollar index failed to break the upper border of the channel. Now a more likely scenario is a temporary decline in quotes.
GBP/AUD on this day in history
- Since 2000, November 28 has been a trading day 15 times.
- On 33% of those days, the asset ended with growth.
- The maximum reinforcement range was 1.6%
- The trend down was limited to 1.05%.