Robinhood hires Amazon veteran as CFO — a key step in its path to eventual IPO
Robinhood just got one step closer to an initial public offering. The stock-trading platform hired Amazon veteran Jason Warnick as its first-ever chief financial officer, Robinhood announced in a blog post. The company had been looking to fill the role...
Japanese Inflation Improves but Yen Falls to 2-Week Low
The Japanese yen has ticked higher in the Tuesday session. In North American trade, USD/JPY is trading at 113.70, up 0.09% on the day. On the release front, Japanese SPPI ticked higher to 1.3%, above the estimate of 1.2%. It...
United Technologies’ CEO thinks the Fed should keep raising interest rates
Count United Technologies CEO Gregory Hayes among corporate executives not afraid of the Federal Reserve’s intentions to keep hiking interest rates. In fact, he told CNBC’s “Squawk on the Street” on Tuesday that he has greater fear over what would...
USDTRY Outlook: Bears Could Extend Towards Key Supports at 5.00/4.82; Turkey CPI Data Eyed for Fresh Signals
The USDTRY hit new nearly four-month low at 5.21 on Tuesday in extension of wave C (which commenced from 6.8379, 30 Aug lower top), of five-wave cycle from all-time high at 7.1074 (13 Aug). Extended third wave, eyes 200SMA (5.1174)...
Global wage growth lowest in a decade as UK falls behind advanced economies
Global wage growth fell to its lowest in almost a decade last year, with the U.K. seeing weaker wage growth than any other advanced G-20 nation. Published Monday, the International Labour Organization (ILO)’s Global Wage Report found that international wage...
GER 30 Index Moves above 2-Year Low But Medium-Term Outlook Remains Bearish
The Germany 30 index gained ground after touching a two-year nadir of 11,006.50 last week and is currently trading roughly 300 points above the aforementioned bottom. Despite the move up, the Tenkan- and Kijun-sen lines remain negatively aligned, which is...
Canadian Dollar Drifting, US Consumer Confidence Next
The Canadian dollar is almost unchanged in the Tuesday session. Currently, USD/CAD is trading at 1.3244, down 0.06% on the day. In economic news, there are no Canadian events. The U.S. releases CB Consumer Confidence, which is forecast to dip...
Home price gains shrink to the lowest level since January 2017: September S&P Case-Shiller index
Home values are still rising, but the gains have now shrunk to the lowest level since January 2017, as rising mortgage rates cut into affordability. Prices increased 5.5 percent annually in September, down from 5.7 percent in August, according to...
Fed’s Clarida says interest rates are ‘much closer’ to neutral
Federal Reserve Vice Chairman Richard Clarida expressed a cautious view Tuesday about how the central bank should proceed in raising interest rates. The Federal Open Market Committee’s newest member, in a speech delivered to bankers in New York, emphasized the...
Sterling and Euro Turn Weaker, But Dollar Struggles to Extend Gain
Sterling and Euro are trading as the weaker ones today, in otherwise mixed markets. Dollar appeared to be lifted by Trump’s renewed threats to China on tariffs. He said it’s “highly unlikely” to drop the planned tariff hike on Jan...
Signal2forex.com - Best Forex robots and signals




