US: Headline Miss in Otherwise Solid Durable Goods Report
Summary The durable goods report signals that while the post-shutdown surge has faded, underlying strength continues to propel orders and shipment to record levels. The headline miss is mostly attributable to a drop in aircraft orders. Headline Fade Influenced by...
Germany Slashes Growth Forecast, UK Tightens Border, Risk Appetite Recedes
Dollar, Yen and Swiss Franc strength again today, as dragged down by the decline in European stocks. DOW future is also losing -300pts at the time of writing. Sentiments are slightly weighed down by UK’s plan to impose tougher border...
Weekly mortgage demand falls, but size of average homebuyer loan hits record
A real estate for sale sign shows the home as being “Under Contract” in Washington, DC, November 19, 2020. Saul Loeb | AFP | Getty Images Sharp gains in home prices and a slight rise in interest rates combined to...
Aussie Dips As Business Confidence Slides
The Australian dollar has reversed directions on Wednesday and is trading in red territory. Currently, AUD/USD is trading at 0.7724, down 0.24% on the day. Business Confidence plunges In Australia, business sentiment sank in December, according to the National Australia...
GBPUSD 1.3800 In Focus
The British pound is on the rise against the US dollar this morning, with the pair hitting a new multi-year high around the 1.3760 level. Dip-buyers may be looking for a chance to enter into the established bullish trend if...
Dollar Mixed Awaiting FOMC, Sterling Attempting Upside Breakout
Markets are generally staying in consolidative mode for now, except that Sterling appears to be the stronger one. There is no follow through selling in Dollar so far, as traders await some guidance from FOMC statement and press conference today....
U.S. stock futures mixed as Microsoft kicks off big-tech earnings on a high note
Dado Ruvic | Reuters Futures contracts tied to the major U.S. equity indexes were mixed during the overnight session Tuesday as Wall Street pored over earnings results from Microsoft and awaited similar updates from Apple, Facebook and Tesla due Wednesday....
Fed will need to reassure the market it’s not thinking about dialing back its support
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Federal Reserve Chairman Jerome Powell has...
Tilman Fertitta optimistic on U.S. economy post-Covid: ‘This is going to be the Roaring Twenties’
Billionaire restaurateur and casino operator Tilman Fertitta told CNBC on Tuesday he expects strong consumer spending to fuel the U.S. economic recovery from the coronavirus pandemic. “The consumer is coming back. I’m telling you, where we can do business, we...
GBP/USD Looking for a New High to Retest the Upper Side of a Wedge
Pound keeps moving higher as intraday sentiment turned against the US currency as US stocks indexes keep trading at ATH. Technically speaking, cable made only a three wave drop within a corrective channel that found a support at former wave...
Signal2forex.com - Best Forex robots and signals




