November, 2020 | Forex robots store

Weekly jobless claims fall again in another sign of labor market improvement

First-time claims for unemployment insurance continued their decline last week, hitting another pandemic-era low in a sign that the labor market is gradually improving. The Labor Department reported Thursday that jobless claims hit 709,000 for the week ended Nov. 7,...

AdminNov 12, 2020

Market overviews

Sterling Reverses after GDP, Dollar Ignores Jobless Claims and CPI

Sterling suffers notable selling today after slightly weaker than expected Q3 GDP data. Though, pull back against Euro could be a bigger driver for the profit-taking. Elsewhere, better than expected US job data and worse than expected Eurozone production data...

AdminNov 12, 2020

Fundamental analysis of Forex market

Vaccine Spells Trouble for Big Tech But Old Economy Stocks Surge

Stocks around the world skyrocketed on news this week that the Covid-19 vaccine being developed by Pfizer and BioNTech is more than 90% effective in protecting against the virus. That’s a very impressive number when considering that it’s much higher...

AdminNov 12, 2020

Finance news

Josh Brown and friends tell you what they own in new investing book

In my 23 years as on-air stocks correspondent for CNBC, I’ve been asked many questions by strangers, but most of them boil down to some variant of “What do you think is going to happen to the markets?” Remarkably,...

AdminNov 12, 2020

Technical analysis of Forex market

EUR/GBP Outlook: Bulls Regain Traction And Signal Reversal

The cross rebounds strongly on Thursday after larger bears were rejected on probe through key supports at 0.8865 (3 Sep/9 June lows). Fresh advance is about to complete reversal pattern on daily chart after Wednesday’s action ended in long-tailed Doji....

AdminNov 12, 2020

Technical analysis of Forex market

XAU/USD Continues To Consolidate

Yesterday, the XAU/USD exchange rate continued to trade sideways in the 1,860.00/1,890.00 area. Given that yellow metal is pressured by the 55-, 100– and 200-hour SMAs in the 1,874.00/1,901.00 range, it is likely that some downside potential could prevail in...

AdminNov 12, 2020

Market overviews

Yen Paring Losses as Markets Turn to Consolidation, Oil Faces Resistance

The financial markets are staying in consolidative mode. Asian stocks are mixed in tight range, following the mixed closes in US overnight. Gold is trading sideway ahead of key near term support. In the currency markets, Yen and Swiss France...

AdminNov 12, 2020

Technical analysis of Forex market

Elliott Wave View: USDJPY Rallies Higher Together With Indices

Short term Elliott Wave View in USDJPY suggests it is correcting the cycle from March 24 high in an expanded Flat Elliott Wave structure. The Flat structure started from September 21 low where wave A ended at 106.1 and wave...

AdminNov 12, 2020

Fundamental analysis of Forex market

Asia Morning: Tech Stocks Rebound

On Wednesday, the tech-heavy Nasdaq 100 Index rebounded 268 points (+2.31%) to 11892 and the S&P 500 gained 27 points (+0.77%) to 3572, while the Dow Jones Industrial Average eased 23 points (-0.08%) to 29397. Meanwhile, New York Governor Andrew...

AdminNov 12, 2020

Finance news

Typical person yanked $12,000 from 401(k) during coronavirus pandemic: Vanguard

Jamie Grill | Blend Images | Getty Images Retirement savers appear to be taking advantage of relaxed rules around 401(k) withdrawals during the coronavirus pandemic. The typical 401(k) investor pulled $12,000 from their account in the form of a “coronavirus-related...

AdminNov 11, 2020

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Month: November 2020

Weekly jobless claims fall again in another sign of labor market improvement

Sterling Reverses after GDP, Dollar Ignores Jobless Claims and CPI

Vaccine Spells Trouble for Big Tech But Old Economy Stocks Surge

Josh Brown and friends tell you what they own in new investing book

EUR/GBP Outlook: Bulls Regain Traction And Signal Reversal

XAU/USD Continues To Consolidate

Yen Paring Losses as Markets Turn to Consolidation, Oil Faces Resistance

Elliott Wave View: USDJPY Rallies Higher Together With Indices

Asia Morning: Tech Stocks Rebound

Typical person yanked $12,000 from 401(k) during coronavirus pandemic: Vanguard

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Month: November 2020

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