2020 | Forex robots store

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Chinese lending and wealth management firm Lufax is...

AdminOct 23, 2020

Technical analysis of Forex market

USD/JPY Recovery Could Face Hurdles Near 105.00

Key Highlights USD/JPY traded as low as 104.24 before correcting higher. It is facing a strong resistance near 105.00 and 105.40. EUR/USD and GBP/USD corrected lower from 1.1880 and 1.3175 respectively. The US Manufacturing PMI could increase from 53.2 to...

AdminOct 23, 2020

Finance news

Stocks making the biggest moves after hours: Intel, Mattel, Gilead Sciences & more

A visitor at Intel’s Artificial Intelligence (AI) Day walks past a signboard during the event in Bangalore, India Manjunath Kiran | Getty Check out the companies making headlines after hours Thursday: Intel — Intel shares dropped 10% after the bell...

AdminOct 23, 2020

Finance news

Weekly jobless claims drop to nearly their lowest level since the pandemic started in March

New filings for jobless claims in the U.S. totaled 787,000 last week, nearly the lowest total since the early days of the coronavirus pandemic. Economists surveyed by Dow Jones had been expecting 875,000 for the week ended Oct. 17. It...

AdminOct 22, 2020

Finance news

Unemployment claims are down. It’s not all for good reasons

An employee stands on a social distancing marker in an elevator at an office in Dallas, Texas. Dylan Hollingsworth/Bloomberg via Getty Images The number of workers receiving and applying for unemployment benefits declined significantly last week, according to Labor Department...

AdminOct 22, 2020

Fundamental analysis of Forex market

ECB Preview: PEPP is the Signal – Not the Solution

At next week’s ECB policy meeting, we do not expect any new measures to be announced. However, with the COVID-19 spreading increasing, we expect the ECB to send its usual dovish signals, which could raise further market expectations for a...

AdminOct 22, 2020

Fundamental analysis of Forex market

Oil Pares Losses, Gold Suffering a Hangover

Oil gets a reality check Oil is trading a little higher on Thursday, after pulling back towards the middle of their post summer range over the last couple of sessions. Crude prices had gathered some significant bullish momentum and were...

AdminOct 22, 2020

Finance news

September existing home sales jump 9.4%, but ‘prices are rising too fast’ as supply remains tight

Pedestrians walk past a home with a “Sold” sign in San Francisco. David Paul Morris | Bloomberg | Getty Images Sales of existing homes rose a higher-than-expected 9.4% in September to a seasonally adjusted annualized rate of 6.54 million units,...

AdminOct 22, 2020

Technical analysis of Forex market

USDCHF Rebounds Off 7-Week Low; Negative in Medium Term

USDCHF has reversed from the seven-week low of 0.9029 after the strong bearish move since September 25. Further backing this short-term view are the Ichimoku lines and the upward slopes on the MACD oscillator which holds above its trigger line...

AdminOct 22, 2020

Market overviews

Dollar Recovers Mildly after Job Data, Markets Tread Water

Dollar recovers in early US session, with help from better than expected job data. Yet, it remains the weakest one for the week at this point. Buying momentum for the greenback doesn’t warrant a reversal yet. The forex markets are...

AdminOct 22, 2020

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Jan Rejnek

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Liudmila

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Year: 2020

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

USD/JPY Recovery Could Face Hurdles Near 105.00

Stocks making the biggest moves after hours: Intel, Mattel, Gilead Sciences & more

Weekly jobless claims drop to nearly their lowest level since the pandemic started in March

Unemployment claims are down. It’s not all for good reasons

ECB Preview: PEPP is the Signal – Not the Solution

Oil Pares Losses, Gold Suffering a Hangover

September existing home sales jump 9.4%, but ‘prices are rising too fast’ as supply remains tight

USDCHF Rebounds Off 7-Week Low; Negative in Medium Term

Dollar Recovers Mildly after Job Data, Markets Tread Water

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Year: 2020

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