June, 2019 | Forex robots store

Gold Pares Gains Post US Retail Sales

US retail sales in May beat expectations, increasing by 0.5%, more than the 0.4% that was expected. April figures were also revised upwards. The dollar strengthened on the release; gold fell away from its session high and year to date...

AdminJun 14, 2019

Fundamental analysis of Forex market

Gold Soars Through $1,350

Gold hasn’t hesitated to capitalize on the risk averse markets, soaring through $1,350 today to hit a 14-month high. The yellow metal has run straight into resistance again though around $1,360, which coincides with the peaks we saw throughout 2017...

AdminJun 14, 2019

Fundamental analysis of Forex market

China Weekly Letter – Xi-Trump Meeting Crucial for Next Stage in Trade War

Xi Jinping-Donald Trump meeting to be crucial for the next stage of the trade war. Weak US data likely to put pressure on Trump soon. China opens up for more infrastructure stimulus, data for May was mixed. The People’s Bank...

AdminJun 14, 2019

Finance news

US business inventories rebound; sales fall

An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon. Leah Nash | Bloomberg | Getty Images U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected...

AdminJun 14, 2019

Finance news

The Fed is likely to drop ‘patient’ word this week, clearing way for July cut, economists say

Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. Leah Millis | Reuters Even with President Donald Trump and the markets calling for lower...

AdminJun 14, 2019

Finance news

The Fed is likely to drop ‘patient’ word next week, clearing way for July cut, economists say

AdminJun 14, 2019

Technical analysis of Forex market

GBPUSD Turns Lower On More Bearishness

GBPUSD turns lower on more bearishness following its recent weakness. Support lies at 1.2600 as it looks for more weakness. Below that level will turn attention to the 1.2550 level. Further down, support comes in at the 1.2500 level where...

AdminJun 14, 2019

Technical analysis of Forex market

EUR/USD Outlook: Euro Falls Further after Strong US Retail Sales

The Euro accelerated lower after Strong US retail sales (May 0.5% vs Apr 0.3%, revised upward from -0.2%) inflated dollar and reduced greatly probability of rate cut on FOMC policy meeting next week. Fresh weakness surged through Fibo support at...

AdminJun 14, 2019

Finance news

Half of Americans say their financial situation hasn’t improved since the Great Recession

Pedestrians pass in front of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images The Great Recession has officially been over for a decade. For many Americans, there’s little reason to celebrate. Many people’s finances haven’t recovered...

AdminJun 14, 2019

Market overviews

Dollar Rises Broadly on Retail Sales and Industrial Production

Dollar jumps broadly in early US session after solid gain in retail sales in May, with upward revision in April figures. Yen is following as the second strongest on risk aversion, followed by Canadian Dollar. Geopolitical tensions heightened after US...

AdminJun 14, 2019

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Liudmila

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Month: June 2019

Gold Pares Gains Post US Retail Sales

Gold Soars Through $1,350

China Weekly Letter – Xi-Trump Meeting Crucial for Next Stage in Trade War

US business inventories rebound; sales fall

The Fed is likely to drop ‘patient’ word this week, clearing way for July cut, economists say

The Fed is likely to drop ‘patient’ word next week, clearing way for July cut, economists say

GBPUSD Turns Lower On More Bearishness

EUR/USD Outlook: Euro Falls Further after Strong US Retail Sales

Half of Americans say their financial situation hasn’t improved since the Great Recession

Dollar Rises Broadly on Retail Sales and Industrial Production

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Month: June 2019

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