March, 2021 | Forex robots store

Gold Price Drops Toward $1,700, Upsides Capped

Key Highlights Gold price started a fresh decline below the $1,800 and $1,780 support levels. A key bearish trend line is forming with resistance near $1,780 on the 4-hours chart. EUR/USD remained well bid above 1.2000, whereas GBP/USD settled below...

AdminMar 3, 2021

Finance news

Stock futures rise slightly in overnight trading after Tuesday’s losses

U.S. stock futures rose slightly in overnight trading Tuesday after stocks dipped in the regular session. Dow futures rose 65 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.3%. On Tuesday, the major averages gave back some...

AdminMar 3, 2021

Finance news

10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more

Restaurant workers wearing faceshields, facemasks and gloves prepare food at the reopening of iconic LA restaurant Pink’s Hot Dogs on March 1, 2021 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images The U.S. economy has roared...

AdminMar 3, 2021

Finance news

Economists see first signs in data that vaccine is working

Economists following the high-frequency data on virus infections are seeing initial signs that the vaccine is having positive effects on deaths and infection rates. While they caution that the signs are tentative, they point to two areas: the decline in...

AdminMar 2, 2021

Fundamental analysis of Forex market

What Does the UK Budget Hold for Sterling?

The Chancellor of the Exchequer will unveil the latest UK Budget on Wednesday at 12:30 GMT. It will likely include another massive round of spending to safeguard jobs and boost the recovery. Rumors suggest taxes on corporations might be raised...

AdminMar 2, 2021

Finance news

Fed policy changes could be coming in response to bond market turmoil, economists say

Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images While the Federal Reserve may not raise its benchmark interest rate for years, there are growing...

AdminMar 2, 2021

Market overviews

Euro Drops on ECB Comments, Swiss Franc Weaker

Euro is under some pressure today after a heavy ECB official indicated the readiness to response to surging yields. But Swiss Franc is not too far behind. The forex markets are mixed elsewhere. Dollar is currently the stronger one, together...

AdminMar 2, 2021

Technical analysis of Forex market

USDCAD Struggles To Cement Gains As Bearish Bias Overpowers

USDCAD is somewhat caught between the 200- and 50-period simple moving averages (SMAs) after the impressive rally from the 3-year low of 1.2467, pulled back under the 200-period SMA. The downturn in the red Tenkan-sen line together with the flattening...

AdminMar 2, 2021

Technical analysis of Forex market

EURUSD Testing 1.2000

The euro currency continues to slide against the US dollar on Tuesday, with the pair now testing towards the psychological 1.2000 level. A break under the 1.2000 level is likely to provoke a further sell-off in the EURUSD pair towards...

AdminMar 2, 2021

Fundamental analysis of Forex market

Loonie Remains Choppy Ahead Of Canadian GDP, OPEC+ Decision

Fourth quarter GDP numbers will be watched out of Canada on Tuesday (13:30 GMT) as the recovery is expected to have lost steam. Nevertheless, the Canadian dollar has been edging higher so far in 2021 as a red-hot housing market,...

AdminMar 2, 2021

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Month: March 2021

Gold Price Drops Toward $1,700, Upsides Capped

Stock futures rise slightly in overnight trading after Tuesday’s losses

10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more

Economists see first signs in data that vaccine is working

What Does the UK Budget Hold for Sterling?

Fed policy changes could be coming in response to bond market turmoil, economists say

Euro Drops on ECB Comments, Swiss Franc Weaker

USDCAD Struggles To Cement Gains As Bearish Bias Overpowers

EURUSD Testing 1.2000

Loonie Remains Choppy Ahead Of Canadian GDP, OPEC+ Decision

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Month: March 2021

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