April, 2019 | Forex robots store

EUR/USD Outlook: Bears Take A Breather Above New 22-Mth Low Ahead Of US Data

The Euro is consolidating above new multi-month low at 1.1118 (also low of 20 Jun 2017) on Friday, following strong bearish acceleration in past three days, when the single currency lost 1.1%. Broadly stronger dollar keeps the Euro under pressure,...

AdminApr 26, 2019

Technical analysis of Forex market

More Aussie And Cad Weakness, Then Reversal

AUDUSD and USDCAD remain bearish to complete a higher degree wave C. Both are seen in fourth wave set-backs at the moment, so be aware of more Aussie weakness down to 0.6950 area after possible retest of 0.7050 resistance, while...

AdminApr 26, 2019

Fundamental analysis of Forex market

Focus Back On The Greenback Ahead Of US Q1 GDP Data

The Japanese yen weakened against the USD after the country released key data. In March, the unemployment rate rose to 2.5% from 2.3% in February. Investors were expecting it to rise to 2.4%. In the month, the industrial production declined...

AdminApr 26, 2019

Fundamental analysis of Forex market

Currencies: Dollar Remains In Driver’s Seat Ahead Of US Q1 GDP Release

Rates: Temporary relief from US Q1 GDP data?Core bonds lacked inspiration yesterday, but that will change today with US Q1 GDP up for release. Bond markets are positioned to take some more bad news. However, we deem the bar of...

AdminApr 26, 2019

Market overviews

Dollar and Yen Pare Gains as Focus Turns to US Q1 GDP

Commodity currencies recover broadly in Asian session as risk markets somewhat stabilized. US stocks closed mixed with DOW paring much of initial losses overnight. New Zealand Dollar is additional supported by record exports in March, and helps lift Australian too....

AdminApr 26, 2019

Technical analysis of Forex market

AUD/USD And NZD/USD Approaching Crucial Hurdles

AUD/USD started an upside correction after trading below the 0.7000 level. NZD/USD recovered nicely above 0.6620, but it seems to be approaching a major hurdle near the 0.6660 area. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined heavily...

AdminApr 26, 2019

Finance news

Xi tells world leaders he’s committed to reforming China, but provides few details

BEIJING—Instead of focusing solely on his signature investment initiative, Chinese President Xi Jinping spent a good portion of a speech at the Friday opening ceremony of China’s Belt and Road forum discussing his plan for national economic reforms. Much of...

AdminApr 26, 2019

Finance news

Friday’s report of first quarter growth should show economy is strong and no recession in sight

Getty Images First quarter GDP likely is expected to have grown at a healthy 2.5% pace, a far cry from the early estimates of near zero growth. The first quarter was “doomed from the start,” according to Pierpont Amherst chief...

AdminApr 26, 2019

Finance news

Mary Meeker, one of the most-followed technology forecasters, raises $1.25 billion for a new fund

Mary Meeker, a household name in tech investing, has raised more than $1 billion to invest out of her new fund. Meeker split with Silicon Valley investing giant Kleiner Perkins in September to start a new shop called Bond Capital....

AdminApr 25, 2019

News and opinion on finance

First skirmishes in Brazilian fintech war

The growth of fintechs in Brazil has been closely monitored by market participants for years. The narrative is well established: the high adoption of digital technologies (71% of the population has a smart phone) in the huge, entrepreneurial economy has...

AdminApr 25, 2019

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Month: April 2019

EUR/USD Outlook: Bears Take A Breather Above New 22-Mth Low Ahead Of US Data

More Aussie And Cad Weakness, Then Reversal

Focus Back On The Greenback Ahead Of US Q1 GDP Data

Currencies: Dollar Remains In Driver’s Seat Ahead Of US Q1 GDP Release

Dollar and Yen Pare Gains as Focus Turns to US Q1 GDP

AUD/USD And NZD/USD Approaching Crucial Hurdles

Xi tells world leaders he’s committed to reforming China, but provides few details

Friday’s report of first quarter growth should show economy is strong and no recession in sight

Mary Meeker, one of the most-followed technology forecasters, raises $1.25 billion for a new fund

First skirmishes in Brazilian fintech war

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Month: April 2019

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