July, 2020 | Forex robots store

USD/CAD Two Scenarios Likely

The US Dollar has plunged by 108 points or 0.80% against the Canadian Dollar since Monday’s trading session. The currency pair breached the weekly support level at 1.3504 on Tuesday morning. As for the near future, the USD/CAD exchange rate...

AdminJul 21, 2020

Market overviews

Aussie Surges as RBA Said No to Intervention, Euro Softens on Profit Taking

Euro weakens somewhat today after EU finally reached an agreement on the recovery fund. Traders seem to be taking some profits as expectations become news. Though, New Zealand Dollar is even weaker, partly thanks to cross selling, especially against Aussie....

AdminJul 21, 2020

Central banks news

RBA Minutes: Risks to Recovery Skewed to Downside as July Meeting Had No Discussion about Impacts of Melbourne’s Lockdown

The minutes for RBA’s July meeting affirmed that policymakers should leave the current monetary measures steady for a prolonged period of time. Policymakers at the July meeting did not discuss about the surge in new coronavirus cases in Melbourne and...

AdminJul 21, 2020

Finance news

$600 unemployment boost. Stimulus checks. Government relief is coming to an abrupt end

Many states’ pandemic-era moratoriums on renter evictions have expired. In some 30 states, eviction proceedings now can continue. Pictured, rent-forgiveness graffiti in Los Angeles. VALERIE MACON Most of the relief measures included in the historic stimulus package Congress passed in...

AdminJul 20, 2020

Fundamental analysis of Forex market

July Flashlight for the FOMC Blackout Period

Executive Summary Earlier this year, the Federal Reserve rose to the challenge of a global pandemic and restored order and liquidity to rattled financial markets through rates cuts, asset purchase programs, and a comprehensive program of credit and liquidity facilities...

AdminJul 20, 2020

Fundamental analysis of Forex market

USD/CAD Yawns on Lack of Data

USD/CAD has started the week with a whimper. Early in the North American session, the pair is trading at 1.3564, down 0.11% on the day. There are no events out of Canada or the US, so we can expect a...

AdminJul 20, 2020

Technical analysis of Forex market

EUR/USD at 4-mth High as EU Talks Continue

It’s been a quiet start to the week for EUR/USD, with only second-tier releases out of the eurozone and no events in the US. Ordinarily, investors would focus on upcoming fundamental releases, but the markets are glued to Brussels, where...

AdminJul 20, 2020

Technical analysis of Forex market

Gold Price Following a Bullish Trend Line with Support at $1,807

Gold price remained in a positive zone, but it struggled to clear the $1,811 level against the US Dollar. The price traded as low as $1,795 recently and started a fresh increase. It is now following a bullish trend line...

AdminJul 20, 2020

Market overviews

Sterling Jumps as Euro Bulls Lose Patience on EU Recovery Fund

While Euro rises initially today it’s starting to be overwhelmed by Sterling and Swiss Franc entering into US session. Words from officials regarding the talks of EU recovery fund were positive. European Commission President Ursula von der Leyen said the...

AdminJul 20, 2020

Technical analysis of Forex market

EUR/USD Outlook: Bulls Focus 2020 High, Boosted By Optimism In EU Talks

The Euro jumped to new 4 1/2 month high at 1.1466 on Monday, maintaining positive tone from last week (up 1.09% for the week). The sentiment was boosted by hints of progress in talks between EU leaders which extend into...

AdminJul 20, 2020

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Liudmila

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Month: July 2020

USD/CAD Two Scenarios Likely

Aussie Surges as RBA Said No to Intervention, Euro Softens on Profit Taking

RBA Minutes: Risks to Recovery Skewed to Downside as July Meeting Had No Discussion about Impacts of Melbourne’s Lockdown

$600 unemployment boost. Stimulus checks. Government relief is coming to an abrupt end

July Flashlight for the FOMC Blackout Period

USD/CAD Yawns on Lack of Data

EUR/USD at 4-mth High as EU Talks Continue

Gold Price Following a Bullish Trend Line with Support at $1,807

Sterling Jumps as Euro Bulls Lose Patience on EU Recovery Fund

EUR/USD Outlook: Bulls Focus 2020 High, Boosted By Optimism In EU Talks

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Month: July 2020

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