Euro Tumbles Again as Economic Sentiments Deteriorates Sharply, Markets Stays Risk-Off
Markets remain in risk-off mode today after Apple’s warning that China’s Wuhan coronavirus outbreak would hurt sales. Deep deterioration in German economic sentiment also reflect the impact on confidence. Investors will likely remain fragile until there is sign of full...
GBP/CAD 4H Chart: Sets For Breakout
The British Pound has been depreciating against the Canadian Dollar since the beginning of February after the currency pair reversed from the upper boundary of a triangle pattern at 1.7454 on February 3. The exchange rate is currently trading near...
RBA Minutes Reveal that Members Consider Cutting Rates Below 0.75%, Warn of Coronavirus Uncertainty
In contrast to February’s RBA meeting statement, which demonstrated a less dovish outlook, the minutes revealed that the members considered lowering the policy rate further. Yet, they decided to keep the powder dry on concerns over “risks associated with very...
Risk-off after Apple Warning, Euro Extending Decline ahead of German ZEW
Markets are back in risk off mode in Asia after Apple’s warning. While Wuhan coronavirus cases in China might appear to have slowed, investors remain vigilant. More risks lie ahead with German economic sentiment data featured today. For now, commodity...
HSBC’s pre-tax profit for 2019 was $13.35 billion, revenue was $56.1 billion
HSBC logo is displayed outside a branch of in the United Kingdom. Matt Cardy | Getty Images HSBC on Tuesday reported 2019 pre-tax profit of $13.35 billion, while revenue during the same period was $56.1 billion. Prior to the latest earnings...
GBP/USD Struggling Ahead Of UK Jobs Report
Key Highlights GBP/USD recovered above 1.3000, but it is struggling to clear the 1.3050-1.3060 resistance. A key bearish trend line is forming with resistance near 1.3040 on the 4-hours chart. The UK ILO Unemployment Rate is likely to remain at...
GBP/USD Snaps 5-Day Winning Streak
GBP/USD has slipped 0.2% across the morning session, slipping off 10-day highs after failing to break its 100 day moving average after Boris Johnson said he is not expecting anything special from EU talks. Last week the pound rallied over...
HSBC’s first green deposit account targets Singapore and UK corporates
Slowly, often imperceptibly, the financial sector’s green agenda grinds into gear. It is worthy and righteous, yet it can feel like pulling teeth. HSBC is the latest global bank to hit the news with its green deposit account, offered to...
Markets Quiet With US on Holiday, Investors Shrug PBoC Stimulus
Markets are generally quite today with US on holiday. PBoC’s stimulus measure might have boosted Chinese stocks higher. Reactions from other markets are rather muted. Investors remain generally cautious as this week’s February sentiment data will reveal how much China’s...
Investors Buoyed By Chinese Stimulus
European stock markets are squeezing out small gains on Monday, with investors encouraged by efforts in China to support the economy as it continues to battle the coronavirus. The numbers we’re seeing are already pretty dreadful – to say the...
Signal2forex.com - Best Forex robots and signals




