07.02.2020 | Forex robots store

China’s GDP growth this quarter will be 0%, according to top economist Ed Hyman

Edward ‘Ed’ Hyman, chairman of Evercore Partners Inc. Christopher Goodney | Bloomberg | Getty Images Evercore ISI Chairman Ed Hyman said he sees no economic growth in China in the first quarter due to the deadly coronavirus. The market pullback...

AdminFeb 7, 2020

Finance news

Antarctica registers hottest temperature ever at nearly 65 degrees Fahrenheit

A frozen section of the Ross Sea at the Scott Base in Antarctica on November 12, 2016. Mark Ralston | AFP | Getty Images Antarctica just broke its hottest temperature ever recorded at 64.9 degrees Fahrenheit as climate change continues...

AdminFeb 7, 2020

Finance news

eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey Sprecher

eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images The e-commerce giant eBay more closely resembles the New York Stock Exchange than it does Amazon, at least in the eyes of Intercontinental Exchange CEO Jeffrey Sprecher. “I’m not sure...

AdminFeb 7, 2020

Fundamental analysis of Forex market

Cliff Notes: Confidence in the Face of Adversity

Key insights from the week that was. This week, the RBA retained both their policy stance and a constructive view of the outlook. Apparent in both the RBA decision statement from the February meeting, as well as the subsequent speech...

AdminFeb 7, 2020

Fundamental analysis of Forex market

Weekly Focus: Global Risk Sentiment Boosted as Coronavirus Fears Abate

Concerns about coronavirus abated this week as the spread of the virus levelled off. While the number of infected increased to 31472, the daily pace of new cases levelled off somewhat, while the death toll reached 638. Contagion outside Hubei...

AdminFeb 7, 2020

Market overviews

Dollar Firm after Strong NFP Growth, But No Follow Through Buying Yet

Dollar remains firm in early US session after strong headline NFP number. But there is no follow through buying for the moment. Risk appetite also recede mildly as market head towards weekly close. Over the week, Dollar remains the strongest...

AdminFeb 7, 2020

Technical analysis of Forex market

AUDJPY Reverses Lower, Picture Turning Negative

AUDJPY posted a ‘golden cross’ in mid-January – which is usually a positive sign – but was unable to sustain the upside momentum. Instead, the price structure on the daily chart seems to be turning negative, with lower highs and...

AdminFeb 7, 2020

Technical analysis of Forex market

EUR/USD At 4 Month Low On Weak German Data, NFP Next

The euro is under pressure in early trade on Friday following yet more disappointing data from Germany. German industrial production declined by more than expected -3.5% mom in December, greater than the -0.2% fall forecast. Annually production declined -8.7% well...

AdminFeb 7, 2020

Technical analysis of Forex market

GBPNZD Maintains Neutral-to-Bullish Bias Above Cloud

GBPNZD has been consolidating over the last four months with upper boundary the 2.0430 resistance and lower boundary the 50.0% Fibonacci retracement level of the up leg 1.8280 – 2.0550, near 1.9410. However, the broader picture remains positive as the...

AdminFeb 7, 2020

Technical analysis of Forex market

USD/JPY Outlook: Bulls Are Pausing Under 110 Barrier Ahead Of NFP

Strong four-day rally is taking a breather on Friday ahead of US jobs report, which is expected to provide fresh signal. The dollar remains well supported and strong labor data today would add to bullish bias for eventual break through...

AdminFeb 7, 2020

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Day: 7 February 2020

China’s GDP growth this quarter will be 0%, according to top economist Ed Hyman

Antarctica registers hottest temperature ever at nearly 65 degrees Fahrenheit

eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey Sprecher

Cliff Notes: Confidence in the Face of Adversity

Weekly Focus: Global Risk Sentiment Boosted as Coronavirus Fears Abate

Dollar Firm after Strong NFP Growth, But No Follow Through Buying Yet

AUDJPY Reverses Lower, Picture Turning Negative

EUR/USD At 4 Month Low On Weak German Data, NFP Next

GBPNZD Maintains Neutral-to-Bullish Bias Above Cloud

USD/JPY Outlook: Bulls Are Pausing Under 110 Barrier Ahead Of NFP

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Day: 7 February 2020

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