February, 2020 | Forex robots store

Minimum wage increases aren’t a job killer: Small business survey

A rally for a $15 minimum hourly wage in New York City in 2015. The city raised its minimum wage to $15 in 2018, while New York State raised its minimum wage to $11.80 in December 2019, and that will...

AdminFeb 20, 2020

Fundamental analysis of Forex market

Trump Hates the Strong Dollar, but Buck Bulls LOVE Him

In a classic “best house in a bad global neighborhood” trade, the US dollar is off to its best start to a year since 2015, rising against each of its major rivals year-to-date. While (relatively) strong economic data and safe...

AdminFeb 20, 2020

Technical analysis of Forex market

USD/JPY Outlook: Yen Falls to 10-mth Low on Fading Virus Impact Fears

The pair surged to new ten-month high at 112.22 on Thursday, in extension of previous day’s 1.36% rally. Strong bullish acceleration in past two days was sparked by fading fears about coronavirus epidemic as well as rising dollar, boosted by...

AdminFeb 20, 2020

Finance news

US weekly jobless claims rise slightly, while mid-Atlantic factory activity accelerates

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment. There was encouraging news on the struggling...

AdminFeb 20, 2020

Market overviews

Dollar Firm after Solid Job and Manufacturing Data, Selling Focus Turns to Sterling

Dollar remains generally firm today as supported by solid job and manufacturing data. Euro’s selloff seem to have temporary passed a near term climate and focuses turn to other major currencies. Australian Dollar suffer deep selling after job data, dragging...

AdminFeb 20, 2020

Technical analysis of Forex market

EUR/USD Maintains Consolidation

On Wednesday, the EUR/USD currency pair consolidated near the weekly S1 at 1.0788. During today’s morning, the pair maintained its consolidation. Note that the exchange rate remains under pressure of the 55– and 100-hour SMAs, currently located in the 1.0810...

AdminFeb 20, 2020

Fundamental analysis of Forex market

USD Gains Post-Fed Minutes. S&P500 And Nasdaq At Record High, But Sentiment Elsewhere Mixed

The FOMC minutes showed that risks related to global trade and growth were diminished after the signature of the phase-one deal between the US and China, but other risks emerged, including the coronavirus outbreak. The Fed highlighted the need to...

AdminFeb 20, 2020

Technical analysis of Forex market

Elliott Wave View: NASDAQ (NQ_F) Continues Marching To All-Time High

Short term Elliott wave view in NASDAQ (NQ_F) suggests the Index ended the cycle up from February 1, 2020 low in wave 1 at 9687.50 high. The index then corrected that cycle up in wave 2 as a zig-zag. Wave...

AdminFeb 20, 2020

Central banks news

Uncontrollable Coronavirus Spread Could Force the Fed to Resume Easing

The FOMC minutes for the January meeting revealed that policymakers remained content about the domestic growth outlook. However, they acknowledged the growing uncertainty emerged from the coronavirus outbreak. This could present significant downside risks to global growth. The situation of...

AdminFeb 20, 2020

Market overviews

Aussie Tumbles as Unemployment Rate Surged, Yen Weak on Coronavirus Contagion

Australian Dollar is in free fall in Asian session today as surge in unemployment rate adds to case of April RBA cut. Sentiments are also generally weak as markets disapprove China’s tiny rate cut. Instead, investors are concerned with sign...

AdminFeb 20, 2020

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Liudmila

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Month: February 2020

Minimum wage increases aren’t a job killer: Small business survey

Trump Hates the Strong Dollar, but Buck Bulls LOVE Him

USD/JPY Outlook: Yen Falls to 10-mth Low on Fading Virus Impact Fears

US weekly jobless claims rise slightly, while mid-Atlantic factory activity accelerates

Dollar Firm after Solid Job and Manufacturing Data, Selling Focus Turns to Sterling

EUR/USD Maintains Consolidation

USD Gains Post-Fed Minutes. S&P500 And Nasdaq At Record High, But Sentiment Elsewhere Mixed

Elliott Wave View: NASDAQ (NQ_F) Continues Marching To All-Time High

Uncontrollable Coronavirus Spread Could Force the Fed to Resume Easing

Aussie Tumbles as Unemployment Rate Surged, Yen Weak on Coronavirus Contagion

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Month: February 2020

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