May, 2021 | Forex robots store

Stock futures are flat after sell-off in growth and tech

Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just...

AdminMay 5, 2021

Finance news

Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating

Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending. “It may be...

AdminMay 5, 2021

Finance news

The Covid recovery still has a K shape

Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped...

AdminMay 4, 2021

Fundamental analysis of Forex market

Record Trade Deficits, Markets on Edge, Crude Higher, Gold Steady Despite Strong Dollar

Investors are a little unsure on how to navigate the next couple of quarters of roaring US growth that is unlikely to be reciprocated by the rest of the world. Today’s massive record setting trade deficit will likely only get...

AdminMay 4, 2021

Technical analysis of Forex market

USDTRY: Negative Fundamentals Keep Turkish Lira on Course for Further Fall

The Turkish lira maintains overall weak tone and holding within multi-week consolidation, not far from new all-time low, posted in November last year. Rising inflation and central bank’s inability to adopt conventional measures to tackle the problem, as governors of...

AdminMay 4, 2021

Market overviews

Dollar and Yen Extending Consolidations, Trading Mildly Higher

Dollar and Yen rebound notably today as consolidative trading continues, with help from mixed sentiments. European indices are mixed while US futures point to lower open. Major global trading yields are trading lower, with US 10-year yield below 1.6 handle....

AdminMay 4, 2021

Technical analysis of Forex market

EURJPY Hovers Below 31-Month High

EURJPY is strongly positive as it reached a fresh 31-month peak at 132.40 on April 29. The MACD is standing beyond the trigger and zero lines, though, the RSI is losing ground above the 50 level. The short-term simple moving...

AdminMay 4, 2021

Fundamental analysis of Forex market

European Open: RBA Hold, Gold Bulls Eye Break Of 1800

The RBA held interest rates at 0.1% and announced they will discuss whether to retail their 3-yr bond target. And gold appears poised to break above 1800 as bulls square up to this milestone level once more. Asian Indices: Australia’s...

AdminMay 4, 2021

Central banks news

RBA Keeps Policy Intact but Signals Amendments in July

The RBA left all monetary policy measures unchanged in May and reiterated that a rate hike would “unlikely to be until 2024 at the earliest”. However, the central bank upgraded economic projections and signaled that some amendments would be made...

AdminMay 4, 2021

Market overviews

Australian Dollar Steady after RBA, Dollar Firmer in Consolidations

The forex markets are staying in consolidative mode this week so far. Aussie is steady in tight range after RBA stood pat as widely expected, even though GDP forecast was upgraded. Dollar is recovering again as the retreat overnight didn’t...

AdminMay 4, 2021

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Month: May 2021

Stock futures are flat after sell-off in growth and tech

Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating

The Covid recovery still has a K shape

Record Trade Deficits, Markets on Edge, Crude Higher, Gold Steady Despite Strong Dollar

USDTRY: Negative Fundamentals Keep Turkish Lira on Course for Further Fall

Dollar and Yen Extending Consolidations, Trading Mildly Higher

EURJPY Hovers Below 31-Month High

European Open: RBA Hold, Gold Bulls Eye Break Of 1800

RBA Keeps Policy Intact but Signals Amendments in July

Australian Dollar Steady after RBA, Dollar Firmer in Consolidations

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Month: May 2021

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