Dollar Tumbles as DOW Hits Record, Aussie Shrugs RBA
Dollar trades broadly lower this week so far, following the strong record close in stocks overnight. Nevertheless, Yen and, to a larger extent, Swiss Franc are not following the selloff much. Commodity currencies are trading broadly higher together with Sterling....
Bankers talk of being sold out as London waits for its own Brexit deal with Brussels
Despite a breakthrough last month, London-based bankers are nervously waiting for Britain and Brussels to agree on a post-Brexit relationship for their financial services industries. The U.K. and the EU agreed to continue talks and co-operation on financial services on...
The Fed could come under fire for easy policy while the economy soars and inflation rises
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters As the economy booms over...
Fed’s Mester lauds jobs report, but says loose policy is staying put
Loretta Mester, president and chief executive officer of the Federal Reserve Bank of Cleveland. David Paul Morris | Bloomberg | Getty Images March’s strong job gains weren’t enough to convince Cleveland Federal Reserve President Loretta Mester that it’s time to...
Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate
President Joe Biden talks to reporters on the South Lawn of the White House, in Washington, U.S., March 14, 2021. Cheriss May | Reuters President Joe Biden said Monday he is not worried that a plan to increase corporate America’s...
Ka-Boom: Services ISM Hits Record High
Summary The ISM Services PMI surged more than eight points to 63.7 in March, signaling a record pace of expansion. The jump in the new orders and employment components is indicative of coming activity and suggests the hard-hit service sector...
Ka-Boom: Services ISM Hits Record High
Summary The ISM Services PMI surged more than eight points to 63.7 in March, signaling a record pace of expansion. The jump in the new orders and employment components is indicative of coming activity and suggests the hard-hit service sector...
WTI Futures Range-Bound But Bearish Tone Threatens Outlook
WTI oil futures are currently tackling the direct support zone of 58.86-59.58 on the four-hour chart, although remain within a ranging market between the confines of 57.25 and 62.24. The 50-period simple moving average’s (SMA) bearish incline has waned slightly...
EUR/USD Outlook: Recovery Regains Traction and Cracks Pivotal Barriers
The Euro jumped to a one-week high as the dollar was sold in early US trading on Monday. Fresh strength adds to hopes that recovery may pick up after Friday’s close in red soured the sentiment, as the pair probes...
GameStop shares drop as much as 14% after Reddit-driven name plans a $1 billion stock sale
John Smith | Corbis News | Getty Images Shares of GameStop tumbled by double digits on Monday after the video game retailer said it may sell up to $1 billion worth of additional shares following a historic Reddit-fueled short squeeze. GameStop saw...
Signal2forex.com - Best Forex robots and signals




