Healthcare Stocks Get Burn-ied
Healthcare stocks get burn-ied Wall Street shrugged off much improved US trade figures, and a slight China GDP beat, as Presidential hopeful Bernie Sanders’ “Medicare for all” comments saw healthcare sector stocks take fright. This took the edge of generally...
USDCHF Moves Towards Major Resistance
USDCHF moves towards major resistance residing at 1.0127 area. Resistance stands at the 1.0127 level. A break of there will clear the way for a run at the 1.0150 level. Above here, resistance lies at the 1.0200 level and then...
AUD/NZD Poised For A Pullback If AU Jobs Data Misses
It’s been a day of differing fortunes for the antipodean currencies. The kiwi is the day’s biggest loser after a weak Q1 CPI report potentially put an imminent rate cut onto the table. In contrast, a bout of strong economic...
Mexican banks face revenues and cost squeeze
Mexican banks are facing a tougher-than-expected operating environment in 2019. In the short term, a sluggish economy is constraining credit demand growth and forecasts for interest rate cuts will pressure net interest margins (NIMs). In February, the Mexican central bank reported...
Investors think the economy is more crucial to Trump’s reelection chances than the Mueller report
The release of special counsel Robert Mueller’s report is unlikely to change the growing sense in markets that President Donald Trump can win reelection if the economy remains solid, analysts say. A redacted version of Mueller’s report is expected to...
Euro Area PMIs: Too Early for a Substantial Rebound?
The Eurozone’s preliminary PMIs for April are due on Thursday at 08:00 GMT and forecasts point to a rebound, albeit only a modest one. Make no mistake, these are the most important figures for the euro right now, and any...
Aussie Shifts Focus to Australian Jobs Data
The minutes from the latest monetary policy meeting by the Reserve Bank of Australia underlined the importance of the labor market in setting interest rates on Tuesday, making the Australian employment report due on Thursday at 0130 GMT the next...
USD/CAD Outlook: Loonie Rises on Solid Data/Weaker Greenback
The pair accelerated lower on Wednesday, as the greenback weakened across the board on signals of stronger than expected China’s economic growth, with Canada’s CPI in line with expectations (Mar 1.9% vs 1.9% f/c) while trade gap unexpectedly narrowed in...
Canadian Dollar Jumps on CPI, Treasury Yields Rise on China Data
Global treasury yields are boosted by solid data from China today. German 10-year yield hit at high as 0.104 and is now back at around 0.08. US 10-year yield breaches hit 2.614 and it’s now trying to own 2.6 handle....
AUD/USD Outlook: Strong China’s Data Pushed Aussie through Key Barriers
The Aussie dollar maintains positive tone and holding near two-month high at 0.7205 at the beginning of US session on Wednesday. Stronger than expected data from China that showed faster than expected economic growth, boosted Australian dollar for probe above...
Signal2forex.com - Best Forex robots and signals




