2020 | Forex robots store

‘It’s an economic war’— Warren Buffett urges Congress to extend relief for small businesses

Berkshire Hathaway Chairman Warren Buffett urged Congress on Tuesday to extend aid to small businesses as they continue to struggle through economic shutdowns used to fight the coronavirus pandemic. “It’s an economic war,” Buffett told CNBC’s Becky Quick on “Squawk...

AdminDec 15, 2020

Finance news

Goldman Sachs CEO David Solomon says 90% of small businesses have exhausted PPP funds

Goldman Sachs CEO David Solomon told CNBC on Tuesday that small businesses it surveyed are in dire need of another round of emergency Paycheck Protection Program funding. “They really have needs; 90% of them have exhausted their PPP funding at...

AdminDec 15, 2020

Market overviews

Sterling Mildly Higher, But Upside Capped by Conflicting Brexit Messages

The forex markets are relatively mixed today. Sterling is generally higher but it’s capped by conflicting messages regarding Brexit trade negotiations. Canadian Dollar is currently second strongest, with help from mild strength in oil price. On the other hand, New...

AdminDec 15, 2020

Fundamental analysis of Forex market

Stocks Rally Vaccines, Stimulus Hopes

Stocks rally vaccines, stimulus hopes, and robust iPhone demand, Dollar softer ahead of Fed, oil rises, gold steadies US stocks are rising on optimism that Moderna’s vaccine will take a step closer toward FDA authorization, lawmakers will pass a compromised...

AdminDec 15, 2020

Technical analysis of Forex market

USD/JPY Trades Below 104.20

Since Monday, the USD/JPY currency pair has been testing the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 104.15 area. If the predetermined resistance holds, it is likely that the exchange rate could...

AdminDec 15, 2020

Market overviews

Aussie Tumbles Mildly on Trade Tension, Markets Mixed Elsewhere

Australian Dollar weakest broadly today after China intensified the trade tensions with banning Australia’s coal imports. Markets are relatively mixed elsewhere, with some softness in both Yen and Swiss Franc. The Pound’s rebound is fading as for now, there is...

AdminDec 15, 2020

Technical analysis of Forex market

EUR/USD: Better Than Expected Industrial Production

Official data showed that industrial production in the Eurozone rose 2.1% on month in October, better than +2.0% expected. The European Union is also still in talks with the U.K. over a post-Brexit trade deal. EUR remains on the upside....

AdminDec 15, 2020

Fundamental analysis of Forex market

FOMC Meeting Preview: Threading A Needle

As we kick off the final full trading week of 2020, traders will be focused on a busy calendar of economic data, as well as major central bank meetings including from the Federal Reserve. As my colleague Joe Perry noted...

AdminDec 15, 2020

Finance news

Vaccines will ‘boost confidence dramatically’ and lift Treasury yields in 2021, Wells Fargo predicts

Wells Fargo Securities is pushing a bearish case for the prices of bonds in its official 2021 outlook. Michael Schumacher, the firm’s head of macro strategy, expects the 10-year and 30-year Treasury Note yields to move meaningfully higher due to...

AdminDec 15, 2020

Finance news

Extra unemployment benefits may be delayed for weeks, even if Congress passes Covid bill

Bill Clark | CQ-Roll Call, Inc. | Getty Images Millions poised to lose benefits A lag would be consequential for millions of Americans poised to lose their benefits the last weekend in December, when temporary programs enacted by the CARES...

AdminDec 14, 2020

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Liudmila

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Year: 2020

‘It’s an economic war’— Warren Buffett urges Congress to extend relief for small businesses

Goldman Sachs CEO David Solomon says 90% of small businesses have exhausted PPP funds

Sterling Mildly Higher, But Upside Capped by Conflicting Brexit Messages

Stocks Rally Vaccines, Stimulus Hopes

USD/JPY Trades Below 104.20

Aussie Tumbles Mildly on Trade Tension, Markets Mixed Elsewhere

EUR/USD: Better Than Expected Industrial Production

FOMC Meeting Preview: Threading A Needle

Vaccines will ‘boost confidence dramatically’ and lift Treasury yields in 2021, Wells Fargo predicts

Extra unemployment benefits may be delayed for weeks, even if Congress passes Covid bill

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Year: 2020

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