February, 2021 | Forex robots store

Asia Open: The Dollar Continues To Squeeze Bears With Firmer US Data

Firmer US data overnight helped propel the dollar and further confound bears who remain positioned for a deeper macro sell-off. The Dollar Continues to Squeeze Bears with Firmer US Data GBP and USD were strongest majors overnight, CHF and JPY...

AdminFeb 5, 2021

Finance news

Stock futures are flat as major averages try to finish best week since November

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were flat in overnight trading on Thursday, following a four-day winning streak on Wall Street as investors awaited a closely-watched January jobs report. Futures on the...

AdminFeb 5, 2021

Central banks news

BOE Upbeat about Inflation Outlook. Negative Rate Seems Unlikely although It is Not Ruled Out

As expected, BOE left the Bank rate unchanged at 0.1%. Meanwhile, the QE program also remains at 875B pound worth of government bonds, and 20B pound of corporate debt. The economic projections reveal that policymakers are more optimistic about inflation...

AdminFeb 4, 2021

Fundamental analysis of Forex market

NFP Preview: Reasons for Optimism?

Background After last month’s rather depressing Non-Farm Payroll report, which itself closed out one of the more depressing weeks in US weeks in US history, there are some signs that this month’s jobs report could bring cause for optimism. Most...

AdminFeb 4, 2021

Technical analysis of Forex market

DXY and XAU/USD Holding Key Levels after BOE

The DXY has been on a tear lately, moving from 90.00 to 91.50 since January 22nd. Today alone the US Dollar index moved from 91.09 up to 91.485. The DXY hit resistance just as the BOE announced it was leaving...

AdminFeb 4, 2021

Finance news

Jobless claims better than expected last week and lowest in two months

New claims for jobless benefits came in a bit less than expected last week though U.S. employment gains remain sluggish. First-time claims for unemployment insurance totaled 779,000 for the week ended Jan. 30, the Labor Department reported Thursday. That was...

AdminFeb 4, 2021

Market overviews

Sterling Surges in Acceleration after BoE, Euro Dives

Sterling jumps sharply after BoE indicated that it didn’t want to send a signal to the market on adopting negative rates. Dollar is also firm on overall mixed market sentiments. Thanks to the selloff against both the Pound and the...

AdminFeb 4, 2021

Finance news

Stocks making the biggest moves in the premarket: Canada Goose, eBay, PayPal, Qualcomm & more

Take a look at some of the biggest movers in the premarket: Canada Goose (GOOS) – Canada Goose shares surged more than 15% in the premarket after the outerwear maker beat estimates on both the top and bottom lines. Results...

AdminFeb 4, 2021

Technical analysis of Forex market

GBP/USD Entering The Zonal Support

The GBP/USD has formed a retracement pattern and could be going up straight from the POC zone. The market is at support, bounce is expected. Today the BOE will decide on the rates and future monetary policy guidance. It will...

AdminFeb 4, 2021

Fundamental analysis of Forex market

Have The Rules Changed For Trading The US Dollar?

Throughout the past several months, a risk rally ordinarily meant a weaker US Dollar. The DXY index, which measures the greenback’s value against a basket of six world currencies, slid 6.7% in 2020 recording its second worst annual performance since...

AdminFeb 4, 2021

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Liudmila

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Month: February 2021

Asia Open: The Dollar Continues To Squeeze Bears With Firmer US Data

Stock futures are flat as major averages try to finish best week since November

BOE Upbeat about Inflation Outlook. Negative Rate Seems Unlikely although It is Not Ruled Out

NFP Preview: Reasons for Optimism?

DXY and XAU/USD Holding Key Levels after BOE

Jobless claims better than expected last week and lowest in two months

Sterling Surges in Acceleration after BoE, Euro Dives

Stocks making the biggest moves in the premarket: Canada Goose, eBay, PayPal, Qualcomm & more

GBP/USD Entering The Zonal Support

Have The Rules Changed For Trading The US Dollar?

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Month: February 2021

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