December, 2018 | Forex robots store

‘Trumponomics’ writer Art Laffer: I am a ‘huge fan’ of Fed chief Powell’s handling of interest rates

Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday. “I’m a huge fan of Powell’s,”...

AdminDec 5, 2018

Technical analysis of Forex market

USD/CAD – Over 100-Pips Rally on Unchanged BoC, Cracked Key Barrier

The pair surged nearly hundred pips to new over sixteen months high after The Bank of Canada left interest rates unchanged in expected action on today’s rate decision meeting.The central bank warned that Canadian economy has less momentum in Q4...

AdminDec 5, 2018

Fundamental analysis of Forex market

BoC: A Hold, Probably a Pause

The Bank of Canada kept its overnight rate unchanged at 1.75% this morning. The decision met both market and economists’ expectations. The statement released alongside the decision struck a dovish note. One of the biggest stories since the Bank’s October...

AdminDec 5, 2018

Fundamental analysis of Forex market

Japanese Yen Retracts, Household Spending Next

The Japanese yen has lost ground in the Wednesday session. In North American trade, USD/JPY is trading at 113.15, up 0.33% on the day. There are no data indicators in Japan or the United States. On Thursday, the focus will...

AdminDec 5, 2018

Technical analysis of Forex market

US 100 Index Pares Losses Below SMAs Bearish Cross

New The US 100 index edged aggressively lower in Tuesday’s session as the bears continue to pull the price below the 50- and 200-simple moving averages (SMAs) and the 38.2% Fibonacci retracement level of the upleg from 6160 to 7700,...

AdminDec 5, 2018

Market overviews

Sterling Rebounds on Brexit Rethinks and Technical Support

Sterling stages a broad based rebound today despite poor PMI services data. The Pound is partly helped by technical support from GBP/USD (at 1.2661) and EUR/GBP (at 0.8939). Additionally, traders are probably reassessing Brexit scenarios. A tricky point is on...

AdminDec 5, 2018

Technical analysis of Forex market

CAD/CHF 4H Chart: Testing Support Level At 0.7520

Following a reversal from the upper boundary of a medium-term ascending channel at 0.7689, The Canadian Dollar has declined massively against the Swiss Franc. The exchange rate is currently testing a support level formed by a traditional weekly pivot point...

AdminDec 5, 2018

Technical analysis of Forex market

USD/CHF 4H Chart: Stranded Between SMAs

The bearish momentum which has been dominating the USD/CHF currency pair since the middle of November has guided the US Dollar toward the lower boundary of a long-term ascending channel pattern at 0.9889. The exchange rate was stranded between SMAs...

AdminDec 5, 2018

Fundamental analysis of Forex market

Markets Tumble After US Sell-Off

Traders fret about yield curve ahead of market closure Another major sell-off on Wall Street on Tuesday is dragging on markets across the globe on Wednesday, as traders continue to fret about the meaning behind the inverted US yield curve....

AdminDec 5, 2018

Fundamental analysis of Forex market

Oil Rebounds Ahead Of OPEC Meeting Amid Hopes For Production Cuts

The Organization of Petroleum Exporting Countries (OPEC) and its allies will meet in Vienna on Thursday, and expectations for a production cut to stabilize oil prices are riding high. With investors appearing confident such a reduction will indeed take place,...

AdminDec 5, 2018

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Liudmila

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Month: December 2018

‘Trumponomics’ writer Art Laffer: I am a ‘huge fan’ of Fed chief Powell’s handling of interest rates

USD/CAD – Over 100-Pips Rally on Unchanged BoC, Cracked Key Barrier

BoC: A Hold, Probably a Pause

Japanese Yen Retracts, Household Spending Next

US 100 Index Pares Losses Below SMAs Bearish Cross

Sterling Rebounds on Brexit Rethinks and Technical Support

CAD/CHF 4H Chart: Testing Support Level At 0.7520

USD/CHF 4H Chart: Stranded Between SMAs

Markets Tumble After US Sell-Off

Oil Rebounds Ahead Of OPEC Meeting Amid Hopes For Production Cuts

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Month: December 2018

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