March, 2021 | Forex robots store

Weekly jobless claims rise less than expected despite weather impact

Weekly jobless claims edged higher last week but rose less than expected for an economy struggling to shake off impacts from a pandemic that has been around now for nearly a year. The Labor Department on Thursday reported that first-time...

AdminMar 4, 2021

Fundamental analysis of Forex market

NFP Preview: When Will Jobs Growth Get Back into Gear?

After a blistering recovery from the pandemic-induced recession through Q2 and Q3 of last year, the US labor market has downshifted sharply. Over the last three months, the NFP report has shown total job creation of just 86k jobs, a...

AdminMar 4, 2021

Market overviews

Swiss Franc and Yen Resumed Selloff, Markets Mixed Elsewhere

Selloff in Swiss Franc and Yen is the main focus today. But the forex markets are mixed elsewhere. Commodity currencies are mildly firmer as led by Aussie, but major pairs are just bounded in very tight range at the time...

AdminMar 4, 2021

Fundamental analysis of Forex market

US Yields Rise, FTSE Slips, Powell in Focus

European bourses are trading on the back foot following a weak handover from Wall Street and a sustained sell-off in Asia. Bond yield concerns are back to haunt investors after yields on the 10-year treasury spiked to 1.49% overnight. The...

AdminMar 4, 2021

Technical analysis of Forex market

USDCHF Continues Uptrend Above 200-SMA, Overbought Signals Strengthen

USDCHF found new buyers above the 200-day simple moving average (SMA), advancing its bullish impulse towards a fresh six-month high of 0.9236 on Thursday. The buying appetite in the market drove the RSI and the Stochastics well into the overbought...

AdminMar 4, 2021

Technical analysis of Forex market

XAG/USD Tests 12-Month Long Trendline

Precious metals have taken a toll as the greenback made a comeback. Silver is trying to hold on to its near-year-long rising trendline, and a successful bounce could resume the uptrend. The double dip on the line (25.80) is a...

AdminMar 4, 2021

Finance news

ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds

Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance...

AdminMar 4, 2021

Market overviews

Currency Trading Subdued, But Risk Aversion Building Up

Huge volatility continues in stock markets as Asian indices dive following the selloff in US overnight. But movements in exchange rates are relatively subdued, and mixed. Swiss Franc, Yen and Euro are currently the weaker ones for the week, followed...

AdminMar 4, 2021

Technical analysis of Forex market

Market Morning Briefing: EURJPY Looks Stable Just Now While Below Immediate Resistance Near 130

STOCKS Asian equities are trading in the red and keep alive the chances of seeing a sharp fall going forward. Nikkei can fall to 28000-27000 while it remains below 30000 and Shanghai can test 3450-3400. Sensex and Nifty have surged...

AdminMar 4, 2021

Fundamental analysis of Forex market

Crude Oil Shrugs Off OPEC+ Output Cuts Rollover

Bond-driven risk aversion dominated broader markets on Wednesday but crude shrugged it off on optimism that OPEC+ will rollover cuts. The US dollar as the top performer while the kiwi lagged. Comments from Powell are key in the day ahead....

AdminMar 4, 2021

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Month: March 2021

Weekly jobless claims rise less than expected despite weather impact

NFP Preview: When Will Jobs Growth Get Back into Gear?

Swiss Franc and Yen Resumed Selloff, Markets Mixed Elsewhere

US Yields Rise, FTSE Slips, Powell in Focus

USDCHF Continues Uptrend Above 200-SMA, Overbought Signals Strengthen

XAG/USD Tests 12-Month Long Trendline

ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds

Currency Trading Subdued, But Risk Aversion Building Up

Market Morning Briefing: EURJPY Looks Stable Just Now While Below Immediate Resistance Near 130

Crude Oil Shrugs Off OPEC+ Output Cuts Rollover

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Month: March 2021

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