Dollar Down Trend Continues as DOW Hit Record, Yen Weaker on Yields
Dollar is recovering mildly today but remains one of the weakest for the week, together with Yen and Sterling. Solid risk appetite, with DOW closing strongly at new record overnight, is keeping the greenback and Yen pressured. Yen appears to...
Stock futures rise, adding to Wednesday’s gains, despite turmoil at U.S. Capitol
U.S. stock futures rose in overnight trading on Wednesday as investors digested the likely event of a Democratic held Congress and continued to look past riots at the U.S. Capitol. Dow Jones Industrial average futures rose 125 points. S&P 500...
Crude Oil Price Hits $50, EUR/USD Extends Gains
Key Highlights Crude oil price traded above the $50.00 mark for the first time since February 2020. Major supports are forming near $48.00 on the 4-hours chart of XTI/USD. EUR/USD extended its rise, and traded to a new multi-month high...
US Close – US Capitol On Lockdown, Blue Wave Rally, Fed Minutes, SA COVID Strain, ADP Loses 123kjobs, EIA’s Big Draw, Gold Baffled, Bitcoin’s Miller Time
The season finale of the Trump administration provided more twists and turns than anything Shonda Rhimes has created. The Georgia Senate races shocked America as Democrats managed to win both races, seemingly paving the way for President-elect Biden to push...
NZ Dollar Hits 33-Month High
The New Zealand dollar continues to rally this week. Currently, NZD/USD is trading at 0.7286, up 0.48% on the day. The pair has gained 1.4% this week and has touched a high of 0.7315 today, its highest level since April...
Private payrolls post first drop since April as coronavirus spread hits job growth, ADP says
Private payrolls in December contracted for the first time since the early days of the coronavirus pandemic, according to a report Wednesday from ADP. The decrease of 123,000 provided a sign that the U.S. economy had cooled considerably heading into...
Cash in circulation is soaring, and that usually means good things for the economy
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo Yuriko Nakao | Reuters The amount of currency in circulation soared last year at a rate unseen since World War II, providing what historically has been a good...
Focus Turns to Yen Selling as Treasury Yields Surge
Yen selling takes center stage today, following strong rise in global treasury yields. In particular, US 10-year yield is trading at 0.99 at the time of writing, after hitting 1.037 earlier. Dollar remains generally pressured, and even the recovery against...
XAU/USD Trades Near 1,960.00
During today’s morning hours, the XAU/USD raised to the 1,960.00 mark. It is likely that the yellow metal could continue to extend gains against the US Dollar, as it is supported by the 55-hour moving average near 1,942.00. The rate...
Mortgage demand from homebuyers pulled back sharply, even as rates ended 2020 near record low
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images The stunning surge in home buying, brought on by the coronavirus pandemic, may finally be...
Signal2forex.com - Best Forex robots and signals




