February, 2021 | Forex robots store

USD/TRY Outlook: Bears Are Consolidating Above Psychological 7.00 Support

The USDTRY holds in sideways mode above psychological 7.00 support for the third day, following 3.5% drop last week. Larger bears face headwinds as corporate buyers are seen at 7.00 zone, also reinforced by the top of rising thick daily...

AdminFeb 10, 2021

Finance news

Stock futures rise slightly after equities snap six-day winning streak

U.S. stock rose slightly in early morning trading on Wednesday following the regular session that snapped a six-day winning streak on Wall Street. Dow futures rose 74 points. S&P 500 futures and Nasdaq 100 futures also both traded in mildly...

AdminFeb 10, 2021

Market overviews

Dollar Selloff Continues as Risk Sentiment Stabilizes, More Downside Likely

Dollar stays broadly weak in Asian session today even though general sentiments stabilizes. Risk-seeking trading is taking a breather somewhat after US stocks hit new intraday higher overnight. Euro is currently the stronger one for today, followed by Sterling. But...

AdminFeb 10, 2021

Technical analysis of Forex market

Gold Continues To Consolidate: When Will It Finally Break Out?

Over the last six months, the world’s oldest store of value has spent most of its time consolidating between $1800 and $2000, frustrating bulls and bears alike. Notably, this period also includes a resurgence of the worst global pandemic in...

AdminFeb 10, 2021

Finance news

Inflation likely increased slightly in January, bolstered by rising gas prices

Getty Images Investors are waiting for inflation to pick up, but the consumer price index should show just a slight gain in January, boosted by rising gasoline prices. Economists expect a consensus 0.3% increase in the index, a measure of...

AdminFeb 10, 2021

Finance news

Job openings increased toward the end of 2020, but a big employment gap remains

A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Employers added slightly more job posts late last year, but hiring slipped as the labor market...

AdminFeb 9, 2021

Finance news

Mortgage delinquencies sink to pandemic low, but distress is far from over

H&R Block mortgage services sign Jb Reed | Bloomberg | Getty Images Mortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year...

AdminFeb 9, 2021

Finance news

JPMorgan’s Wall Street chief gives his call for the stock market, SPACs, fintech and CEO succession

If anybody on Wall Street is due a victory lap, it’s Daniel Pinto. The head of JPMorgan Chase’s massive corporate and investment bank is fresh off a year for the record books: Pinto’s business produced $49.3 billion in revenue and...

AdminFeb 9, 2021

Technical analysis of Forex market

US Dollar ahead of Inflation Data: DXY

As we wrote in the Week Ahead, the US Dollar (vis a vis the US Dollar Index) has been in a tear since early January. The reason seems to be that higher inflation expectations have been creeping into the market,...

AdminFeb 9, 2021

Fundamental analysis of Forex market

US CPI in Focus as Yellen and Fed Downplay Inflation Fears

With so much talk of inflation lately, the monthly print of the consumer price index (CPI) out of the United States on Wednesday (13:30 GMT) might attract a bit more attention than usual. After the NFP disappointment, stronger-than-expected CPI data...

AdminFeb 9, 2021

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Month: February 2021

USD/TRY Outlook: Bears Are Consolidating Above Psychological 7.00 Support

Stock futures rise slightly after equities snap six-day winning streak

Dollar Selloff Continues as Risk Sentiment Stabilizes, More Downside Likely

Gold Continues To Consolidate: When Will It Finally Break Out?

Inflation likely increased slightly in January, bolstered by rising gas prices

Job openings increased toward the end of 2020, but a big employment gap remains

Mortgage delinquencies sink to pandemic low, but distress is far from over

JPMorgan’s Wall Street chief gives his call for the stock market, SPACs, fintech and CEO succession

US Dollar ahead of Inflation Data: DXY

US CPI in Focus as Yellen and Fed Downplay Inflation Fears

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Month: February 2021

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