January, 2021 | Forex robots store

Euro Reversed Initial Selloff after ECB, Turning the Corner?

Euro has surprisingly ended as the strongest one last week. While a rebound against Dollar was expected, the turnaround against commodity currency, in a risk-on week, was impressive. Though, as discussed below, the common currency still has a lot to...

AdminJan 23, 2021

Fundamental analysis of Forex market

Weekly Economic & Financial Commentary: Mixed Fortunes for the Global Economy

U.S. Review Housing Remains at the Forefront of the Recovery Housing starts jumped 5.8% during December. Single-family starts soared 12%, while multifamily starts dropped 13.6%. Total starts are running at a 1.67 million-unit pace, the strongest pace since 2006. Existing...

AdminJan 23, 2021

Fundamental analysis of Forex market

The Weekly Bottom Line: Biden’s Stimulus Would Boost Growth

U.S. Highlights President Biden’s inauguration was the marque event this week. Previous market optimism on the stimulus potential of the new administration seemed to run out of steam at week’s end. The current administration has ambitious plans for further Covid-19...

AdminJan 23, 2021

Fundamental analysis of Forex market

Forward Guidance: Economic Recovery Stalled by Second COVID Wave

The economic impact of the second wave of virus spread will take center stage next week with the release of November Canadian GDP data – and preliminary estimate for December. We expect a 0.2% increase in November GDP – half...

AdminJan 23, 2021

Fundamental analysis of Forex market

Week Ahead: Coronavirus and FOMC in Focus

In a ceremonial event, Joe Biden was sworn in as President of the United States on Wednesday, and the day went off without a glitch. Immediately, he must deal with the problem that his processor couldn’t get a grip on...

AdminJan 23, 2021

Technical analysis of Forex market

Bad Data, Possibility of Canceling Olympics Pushing USD/JPY Higher. Can it Continue into Fiscal Year-End?

The news was not good for Japan this week. First, Japan extended its state of emergency due to the coronavirus to 5 more Prefectures. In addition, the Bank of Japan downgraded their forecast for near-term growth. Inflation and PMI data...

AdminJan 23, 2021

Fundamental analysis of Forex market

Week Ahead – Earnings to Dominate

Big tech in focus Earnings season is up and running and next week will see some huge names reporting on the fourth quarter including Facebook, Apple and Tesla. Covid-19 is becoming more of a focus for investors as lockdowns take...

AdminJan 23, 2021

Finance news

GameStop soars nearly 70%, trading briefly halted amid epic short squeeze

Wall Street’s most hated stock GameStop surged again on Friday as the massive short squeeze continued to fuel its explosive rally. The video game stock soared as much as 69.4% to a high of $72.88 on Friday, bringing its gains...

AdminJan 23, 2021

Finance news

When can unemployed workers refuse a job offer? Biden wants to clear that up

President Joe Biden signs an executive order during an event in the State Dining Room of the White House on Jan. 21, 2021. Alex Wong | Getty Images News | Getty Images President Joe Biden ordered federal labor officials on...

AdminJan 22, 2021

Fundamental analysis of Forex market

Week Ahead – Fed Meeting, Barrage of Data, and Tech Earnings

With President Biden now in office, markets will be on alert for any remarks from US Senators about whether they’d support the massive stimulus bill he proposed. A tough negotiating battle could see the final proposal being watered down. The...

AdminJan 22, 2021

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Liudmila

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Month: January 2021

Euro Reversed Initial Selloff after ECB, Turning the Corner?

Weekly Economic & Financial Commentary: Mixed Fortunes for the Global Economy

The Weekly Bottom Line: Biden’s Stimulus Would Boost Growth

Forward Guidance: Economic Recovery Stalled by Second COVID Wave

Week Ahead: Coronavirus and FOMC in Focus

Bad Data, Possibility of Canceling Olympics Pushing USD/JPY Higher. Can it Continue into Fiscal Year-End?

Week Ahead – Earnings to Dominate

GameStop soars nearly 70%, trading briefly halted amid epic short squeeze

When can unemployed workers refuse a job offer? Biden wants to clear that up

Week Ahead – Fed Meeting, Barrage of Data, and Tech Earnings

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Month: January 2021

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