June, 2021 | Forex robots store

Sterling Weakens as BoE Gives No Hawkish Surprise, Dollar Softer on Job and Durables

Sterling drops notably today after BoE delivered no hawkish surprise. While it sounded upbeat on the outlook, the MPC, except chief economist Andy Haldane, would prefer to wait until August to take any policy actions. Dollar is also soft after...

AdminJun 24, 2021

Finance news

Delaware is expected to move to a $15 per hour minimum wage. What that could mean for the push to increase the national pay rate

Kristen Deptula, center, with her husband and two children, says that paying a $15 per hour wage has helped them grow their Rehoboth Beach, Delaware, business. Kristina Gwynn When Kristen Deptula and her husband bought the Canalside Inn in Rehoboth...

AdminJun 24, 2021

Fundamental analysis of Forex market

Gold Remains Rather Steady

The USD seemed to steady yesterday against a number of its counterparts, while US stockmarkets even retreated a bit and gold remained relatively stable after the wide drop of its price, experienced in the past week. Comments by Fed officials,...

AdminJun 24, 2021

Technical analysis of Forex market

Gold Is Trying To Make A Long Breakout

Gold is preparing for a long breakout if momentum persists. Gold is at the critical support 1765-75 is the zone which bulls need to hold if they want to push the price higher. Ideally it should stay above the interim...

AdminJun 24, 2021

Technical analysis of Forex market

XAUUSD Is Possibly Bearish

Technical analysis At the moment, the price trades at 1,776.72 It lies in between the EMA(50) and EMA(100) The EMA(100) lies higher than the EMA (50), which is favorable for the bears The MACD indicator reads below 0, with the...

AdminJun 24, 2021

Market overviews

Fed Officials Shrugged by Markets, Focus Turns to BoE and US Data

The chorus of Fedspeaks overnight provided little inspirations to the markets. Some policy makers expected tapering in the coming months, followed by rate hike next year. Some remained more cautious on the outlook. That’s what we already know from the...

AdminJun 24, 2021

Finance news

Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback

He predicted tech’s recent comeback, and now Oppenheimer Asset Management’s John Stoltzfus believes Wall Street can avoid an unnerving summer setback. He attributes tech’s latest outperformance as a key reason why it could be a positive summer for investors. “That...

AdminJun 24, 2021

Fundamental analysis of Forex market

CAD Shrugs Off Soft Retail Sales

The Canadian dollar is in positive territory for a third straight day. In Wednesday’s North American session, USD/CAD is trading at 1.2262, down 0.35% on the day. Retail sales fall sharply In Canada, the only events on the calendar this...

AdminJun 23, 2021

Fundamental analysis of Forex market

Euro Yawns as German PMIs Accelerate

The euro is almost unchanged in the Wednesday session. In North American trade, EUR/USD is trading at 1.1940, down 0.01% on the day. An important gauge of economic activity is the PMI reports, and the news was positive out of...

AdminJun 23, 2021

Technical analysis of Forex market

Dollar Index Extends Weakness after Downbeat US PMI Data but Bears Face Headwinds from strong supports

The US dollar fell further against the basket of major currencies on Wednesday, pressured by weaker than expected US PMI data. Although the US factory activity index rose to record high in June, Services PMI dropped significantly (June 64.8 vs...

AdminJun 23, 2021

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Liudmila

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Month: June 2021

Sterling Weakens as BoE Gives No Hawkish Surprise, Dollar Softer on Job and Durables

Delaware is expected to move to a $15 per hour minimum wage. What that could mean for the push to increase the national pay rate

Gold Remains Rather Steady

Gold Is Trying To Make A Long Breakout

XAUUSD Is Possibly Bearish

Fed Officials Shrugged by Markets, Focus Turns to BoE and US Data

Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback

CAD Shrugs Off Soft Retail Sales

Euro Yawns as German PMIs Accelerate

Dollar Index Extends Weakness after Downbeat US PMI Data but Bears Face Headwinds from strong supports

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Month: June 2021

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