2018 | Forex robots store

US homebuilding rose in October on a rebound in multifamily housing projects.

U.S. homebuilding rose in October amid a rebound in multifamily housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher. Other details of the...

AdminNov 20, 2018

Finance news

Powell is doing a much better job than Trump, even if rates keep rising: CNBC CFO survey

President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell aren’t popular with one important polling group within the markets: chief financial officers. Four in five North American members of CNBC’s Global CFO Council support Federal Reserve Chair Jerome Powell’s...

AdminNov 20, 2018

Finance news

As US recession chances increase, the Fed may deliver fewer rate hikes: Poll

The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by Reuters over the past week say the risk is it will slow that pace...

AdminNov 20, 2018

Fundamental analysis of Forex market

U.S. Housing Starts And Building Permits In Focus

The U.S. Dollar extended declines on Monday. Economic data on the day was sparse. The Eurogroup meetings kicked off with focus turning to the Brexit deal. The EU’s negotiator for Brexit, Michel Barnier said that the EU ministers were in...

AdminNov 20, 2018

Technical analysis of Forex market

Elliott Wave Analysis: EURUSD Unfolding A Reversal

EURUSD looks as it has ended its complex decline, down from September highs as we see all three waves W,X,Y unfolded. Also price made a recovery at the 1.122 level, indicating that wave Y found a low, and that a...

AdminNov 20, 2018

Technical analysis of Forex market

GBPUSD In Consolidation Mode

The British pound is starting to consolidate around the 1.2850 level against the US dollar, as traders await the latest news surrounding a potential leadership challenge to UK PM Theresa May. The next technical breakout will likely come if we...

AdminNov 20, 2018

Fundamental analysis of Forex market

Wall Street Decline Continues As Traders Worry About Growth

The AUD/USD pair was unchanged today after the Reserve Bank of Australia (RBA) released the minutes for the monetary policy meeting held this month. The minutes showed that officials remained optimistic about the country’s economy. This was boosted by recent...

AdminNov 20, 2018

Market overviews

RBA Minutes Upbeat, But Australian Dollar Weakens on Risk Aversion

Australian Dollar is under broad based selling pressure today. RBA minutes reiterated the non-urgency for any rate move. IMF report pointed out risks are tilted to the downside in Australia. But risk aversion is more likely the factor driving Aussie...

AdminNov 20, 2018

Central banks news

Australia: Low Unemployment Rate Masks Underlying Problems in Job Market

RBA has sounded confident in the domestic growth outlook in both. On the job market, the members acknowledged the decline in unemployment rate and indicated the “notable” fall in youth unemployment. The central bank forecast that employment growth would be...

AdminNov 20, 2018

Finance news

US companies aren’t in a hurry to leave China despite the trade war, analysts say

U.S. companies aren’t leaving China in a big way yet, despite escalating trade tensions between the two economic powerhouses, analysts said. “A lot of companies are talking about making changes, but (are) not actively making changes,” said Chris Rogers, research...

AdminNov 20, 2018

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Year: 2018

US homebuilding rose in October on a rebound in multifamily housing projects.

Powell is doing a much better job than Trump, even if rates keep rising: CNBC CFO survey

As US recession chances increase, the Fed may deliver fewer rate hikes: Poll

U.S. Housing Starts And Building Permits In Focus

Elliott Wave Analysis: EURUSD Unfolding A Reversal

GBPUSD In Consolidation Mode

Wall Street Decline Continues As Traders Worry About Growth

RBA Minutes Upbeat, But Australian Dollar Weakens on Risk Aversion

Australia: Low Unemployment Rate Masks Underlying Problems in Job Market

US companies aren’t in a hurry to leave China despite the trade war, analysts say

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Year: 2018

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