May, 2021 | Forex robots store

OPEC Meeting Unlikely to Roil Markets, But Iran Might

It’s a crucial week for the oil market, with an OPEC+ meeting on Tuesday that will likely see the cartel and its allies increase their production gradually, capitalizing on the improvement in demand. This has already been decided, so the...

AdminMay 31, 2021

Technical analysis of Forex market

XAU/USD Outlook: Gold Eyes $2000 Barrier as Bulls Accelerate in May on Growing Inflationary Pressure

Spot Gold keeps firm tone and consolidating under new nearly three-month high ($1912) on Monday, supported by weak dollar while growing inflationary pressures lift gold’s appeal as the metal is used as a hedge against inflation. The other supportive factor...

AdminMay 31, 2021

Market overviews

Sterling and Dollar Softer in Subdued Trading, Aussie Firm ahead of RBA

Trading continue to be relatively subdued as US and UK are both on holiday. Sterling is mildly softer, followed by Dollar, and Swiss Franc. On the other hand, Australian Dollar is strengthening mildly, ahead of RBA rate decision in the...

AdminMay 31, 2021

Market overviews

Sterling and Dollar Softer in Subdued Trading, Aussie Firm ahead of RBA

AdminMay 31, 2021

Finance news

Black Wall Street was shattered 100 years ago. How the Tulsa race massacre was covered up and unearthed

Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black...

AdminMay 31, 2021

Fundamental analysis of Forex market

Will Canada GDP Lift Canadian Dollar?

The Canadian dollar is almost unchanged at the start of the week. In the European session, USD/CAD is trading at 1.2064, down 0.06% on the day. US markets are closed for Memorial Day and there are no US events, so...

AdminMay 31, 2021

Technical analysis of Forex market

EUR/USD Outlook: Euro Extends Sideways Mode

The Euro remains in directionless mode for the third consecutive day after a pullback from a new multi-week high (1.2266) reached the minimum correction level at 1.2133 (Fibo 23.6% of 1.1704/1.2266) but was strongly rejected here. Near-term action is so...

AdminMay 31, 2021

Fundamental analysis of Forex market

Asian Manufacturing Disappoints Slightly

Market movers today Key market movers this week will be US non-farm payrolls, ISM manufacturing, and euro Flash CPI, see Weekly Focus, 28 May, for more. Talks on a US infrastructure bill are also set to continue this week. Speeches...

AdminMay 31, 2021

Market overviews

Dollar Mildly Lower in Holiday Mood, Busy Week Ahead

Dollar weakens broadly in relatively quiet Asian session today, while Australian Dollar is strengthening. Asia markets are trading mildly lower, but losses are limited. Month-end flow, plus holiday in the UK and the US, could keep activity subdued today. But...

AdminMay 31, 2021

Central banks news

RBA Preview: RBA to Assess Economic Data and Prepare for Policy Tweak in July

The June RBA meeting will have little surprise, as the central bank has already planned to adjust yield curve control (YCC) and QE measures in July. This week, policymakers will discuss recent economic data and the economic impacts of the...

AdminMay 30, 2021

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Liudmila

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Month: May 2021

OPEC Meeting Unlikely to Roil Markets, But Iran Might

XAU/USD Outlook: Gold Eyes $2000 Barrier as Bulls Accelerate in May on Growing Inflationary Pressure

Sterling and Dollar Softer in Subdued Trading, Aussie Firm ahead of RBA

Sterling and Dollar Softer in Subdued Trading, Aussie Firm ahead of RBA

Black Wall Street was shattered 100 years ago. How the Tulsa race massacre was covered up and unearthed

Will Canada GDP Lift Canadian Dollar?

EUR/USD Outlook: Euro Extends Sideways Mode

Asian Manufacturing Disappoints Slightly

Dollar Mildly Lower in Holiday Mood, Busy Week Ahead

RBA Preview: RBA to Assess Economic Data and Prepare for Policy Tweak in July

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Month: May 2021

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