August, 2020 | Forex robots store

Fed’s Mester calls on Congress for pandemic recovery help, says ‘downside risks’ to the economy are on the rise

Cleveland Federal Reserve Bank President Loretta Mester poses during an interview on the sidelines of the American Economic Association’s annual meeting in San Diego, California, January 3, 2020. Ann Saphir | Reuters Cleveland Federal President Loretta Mester called Wednesday for...

AdminAug 6, 2020

Finance news

Fed Vice Chair Clarida still sees the economy staging a comeback this year

Federal Reserve Vice Chairman Richard Clarida said Wednesday he expects the economy to continue to recover through the year and likely return to its pre-pandemic level by the end of the 2021. In an interview with Steve Liesman on CNBC’s...

AdminAug 5, 2020

Fundamental analysis of Forex market

Nonfarm Payrolls: Great Expectations?

The US employment report will hit the markets at 12:30 GMT Friday, and forecasts suggest the American economy added another 1.6 million jobs in July. Why is the consensus so optimistic even though the US recovery is losing steam? The...

AdminAug 5, 2020

Technical analysis of Forex market

GBP/USD – All Eyes on Bank of England

With only one British indicator on the Thursday schedule, the markets will have plenty of time to focus on the Bank of England, which holds its monthly policy meeting. There is little chance that the bank will alter the Official...

AdminAug 5, 2020

Market overviews

Dollar Selloff Intensifies after Huge Miss of ADP Job Data

Dollar’s selloff intensifies in early US session after ADP job report hugely missed expectations. The strong upward revision in prior month’s figure just make the picture looks worse, exaggeration the steep slowdown in labor market rebound. At this point, Yen...

AdminAug 5, 2020

Technical analysis of Forex market

XAU/USD Exceeded 2,000.00

Yesterday, the XAU/USD exchange rate skyrocketed to the 2,030.00 level. During Wednesday morning, the rate exceeded the given level. It is likely that yellow metal is in the overbought area as the 55-, 100– and 200-hour SMAs are located below...

AdminAug 5, 2020

Fundamental analysis of Forex market

Euro-Zone’s Producer Price Index Rose For The First Time In Five Months In June

For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1799. On the macro front, Euro-zone’s producer price index rose 0.7% on a monthly basis in June, recording its first increase in prices...

AdminAug 5, 2020

Market overviews

Dollar Tumbles as Gold and NASDAQ Hit New Records

Dollar is back in selloff mode again after rebound attempt failed. The broad based trend against the greenback is clear, with gold hitting new record high above 2000 handle. WTI crude oil is also back above 41, pressing 42 handle....

AdminAug 5, 2020

Finance news

Singapore’s top banks are reporting earnings this week. Here’s what to expect

View of the Singapore Central Business District. Suhaimi Abdullah | Getty Images News | Getty Images Singapore’s top three banks are expected to report another quarter of lackluster financial results this week as ultra-low interest rates cap margins and the...

AdminAug 5, 2020

Finance news

Stocks making the biggest moves midday: Ford, Virgin Galactic, Chegg, Take-Two Interactive & more

GP: A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City. JOHANNES EISELE | AFP | Getty...

AdminAug 4, 2020

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Liudmila

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Month: August 2020

Fed’s Mester calls on Congress for pandemic recovery help, says ‘downside risks’ to the economy are on the rise

Fed Vice Chair Clarida still sees the economy staging a comeback this year

Nonfarm Payrolls: Great Expectations?

GBP/USD – All Eyes on Bank of England

Dollar Selloff Intensifies after Huge Miss of ADP Job Data

XAU/USD Exceeded 2,000.00

Euro-Zone’s Producer Price Index Rose For The First Time In Five Months In June

Dollar Tumbles as Gold and NASDAQ Hit New Records

Singapore’s top banks are reporting earnings this week. Here’s what to expect

Stocks making the biggest moves midday: Ford, Virgin Galactic, Chegg, Take-Two Interactive & more

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Month: August 2020

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