December, 2020 | Forex robots store

Dollar Paring Losses While Yen Crosses Turning Up

Dollar recovers broadly today as markets turn into consolidative mode. The greenback pars back some of f the previous selloffs. but remains the worst performing one for the week. Canadian Dollar and Swiss Franc follow as the next weakest. On...

AdminDec 18, 2020

Finance news

Stock futures modestly lower after major averages close at record highs

U.S. stock index futures were modestly lower in overnight trading on Thursday, after the major averages closed at new highs. Futures contracts tied to the Dow Jones Industrial Average fell 44 points. S&P 500 futures declined 0.09%, while Nasdaq 100...

AdminDec 18, 2020

Fundamental analysis of Forex market

US: Housing Starts Continue to Rise in November

TD Bank Financial Grouphttp://www.td.com/economics/ The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness...

AdminDec 17, 2020

Finance news

Weekly jobless claims unexpectedly rise, hit highest level since early September

Jobless claims unexpectedly rose last week as states reimposed coronavirus restrictions as lawmakers struggle to push through new government aid, according to a Labor Department report Thursday. The number of first-time unemployment-benefits filers totaled 885,000 in the week ending Dec....

AdminDec 17, 2020

Fundamental analysis of Forex market

Jobless Claims Continue to Rise, Oil and Gold Rally on Weaker Dollar, Bitcoin Party Continues

US stocks are rallying on COVID relief bill optimism and hopes that a post-Brexit trade deal will be reached by Sunday. Wall Street is completely focused on stimulus talks and ignored deteriorating US economic data, except for the robust housing...

AdminDec 17, 2020

Market overviews

Dollar’s Selloff Intensifies after Poor Initial Jobless Claims

Dollar’s selloff intensifies further today, after worse than expected job data. Also, markets are generally on risk-on mode, as traders are optimistic that stimulus deal could be reached in the Congress soon. Swiss France is currently the next weakest, having...

AdminDec 17, 2020

Central banks news

BOE Stays Put as Deadline of Brexit Talk Approaches

BOE left the Bank rate unchanged at 0.1% and the asset purchase program at 875B pound. The central bank remained cautious about the “unusually uncertain” economic outlook and pledged to take “whatever additional action is necessary” if the outlook for...

AdminDec 17, 2020

Technical analysis of Forex market

CADJPY Falls from 10-month High but Outlook Still Positive

CADJPY has been showing an upside tendency since May 7, creating higher lows along a tentative ascending trendline. Despite the latest pullback from a ten-month high of 82.10, the price is still above its simple moving averages (SMAs), though the...

AdminDec 17, 2020

Technical analysis of Forex market

EUR/USD Trades Near 1.2240

During Thursday morning hours, the EUR/USD currency pair exceeded the weekly R2 at 1.2222. It is likely that now the exchange rate could gain support from the predetermined level and continue to trade upwards in the short term. Note that...

AdminDec 17, 2020

Finance news

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally

Omar Marques | LightRocket | Getty Images Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year. The world’s most-valuable digital currency...

AdminDec 17, 2020

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Month: December 2020

Dollar Paring Losses While Yen Crosses Turning Up

Stock futures modestly lower after major averages close at record highs

US: Housing Starts Continue to Rise in November

Weekly jobless claims unexpectedly rise, hit highest level since early September

Jobless Claims Continue to Rise, Oil and Gold Rally on Weaker Dollar, Bitcoin Party Continues

Dollar’s Selloff Intensifies after Poor Initial Jobless Claims

BOE Stays Put as Deadline of Brexit Talk Approaches

CADJPY Falls from 10-month High but Outlook Still Positive

EUR/USD Trades Near 1.2240

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally

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Month: December 2020

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