June, 2021 | Forex robots store

Yen Selloff Continues With Dollar, Commodity Currencies Strong

The forex markets continue to stay in sort of risk-on mode today, with weakness in Dollar and Yen, and strength in commodity currencies as led by New Zealand Dollar. Though, traders in other markets are not too committed yet. European...

AdminJun 23, 2021

Technical analysis of Forex market

GBP/USD Outlook: There Is A Key Bullish Trend Line With Support Near 1.3910

The British Pound started a decent recovery wave from the 1.3800 zone against the US Dollar. The GBP/USD pair climbed above 1.3850 to move into a short-term positive zone. The pair even broke the 1.3920 resistance and the 50 hourly...

AdminJun 23, 2021

Finance news

Surging inflation is causing headaches for a cautious Bank of England

View of the Royal Exchange and Bank of England in London. Vuk Valcic | SOPA Images | LightRocket | Getty Images LONDON — The Bank of England is expected to hold interest rates at record lows and maintain its massive...

AdminJun 23, 2021

Market overviews

Yen Extends Decline on Risk-On Markets, Completed Corrective Rebound

Yen dropped notably overnight and stays pressured in Asian session with markets back in risk-on mode. NASDAQ closed at new record high while DOW and S&P 500 also gained. Major Asian indexes follow with solid gains in Hong Kong. Dollar...

AdminJun 23, 2021

Technical analysis of Forex market

Elliott Wave View: SPX All-Time High Imminent

Elliott Wave View in S&P 500 (SPX) suggests the rally from September 25, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 25, 2020 low, wave (1) ended at 3870.90 and pullback in wave...

AdminJun 23, 2021

Fundamental analysis of Forex market

Asian Open: The Fed Guides Equities Higher, Copper Probes Resistance

We’re amidst another busy week for the Fed with 16 public appearances scheduled overall, with Powell, Mester and Daly hitting the wires overnight. Asian Futures: Australia’s ASX 200 futures are down -15 points (-0.21%), the cash market is currently estimated...

AdminJun 23, 2021

Finance news

Fed Chair Powell says it’s ‘very, very unlikely’ the U.S. will see 1970s-style inflation

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that some inflation pressures are stronger and more persistent than he had anticipated, though still not on par with some of the worst episodes the U.S. has seen historically. Under questioning from a...

AdminJun 23, 2021

Finance news

Existing home sales in May drop for fourth straight month as affordability squeezes buyers

Sales of existing homes in May dropped for the fourth straight month due to a very low supply of homes on the market. Existing home sales fell 0.9% last month from April to a seasonally adjusted annualized rate of 5.8...

AdminJun 22, 2021

Finance news

Watch Fed Chair Powell testify live before House Covid panel

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Tuesday before the House Select Subcommittee on the Coronavirus...

AdminJun 22, 2021

Fundamental analysis of Forex market

Pound Under Pressure, Falls Below 1.39

The British pound has reversed directions on Tuesday. In the North American session, GBP/USD is trading at 1.3913, down 0.14% on the day. The pair touched a low of 1.3860 in the Asian session. Pound rebounds after dismal week Last...

AdminJun 22, 2021

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Liudmila

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Month: June 2021

Yen Selloff Continues With Dollar, Commodity Currencies Strong

GBP/USD Outlook: There Is A Key Bullish Trend Line With Support Near 1.3910

Surging inflation is causing headaches for a cautious Bank of England

Yen Extends Decline on Risk-On Markets, Completed Corrective Rebound

Elliott Wave View: SPX All-Time High Imminent

Asian Open: The Fed Guides Equities Higher, Copper Probes Resistance

Fed Chair Powell says it’s ‘very, very unlikely’ the U.S. will see 1970s-style inflation

Existing home sales in May drop for fourth straight month as affordability squeezes buyers

Watch Fed Chair Powell testify live before House Covid panel

Pound Under Pressure, Falls Below 1.39

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Month: June 2021

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