Dollar Resuming Rally as Focus Turns to Non-Farm Payrolls
Dollar’s rally resumes after brief consolidation as focus now turns to non-farm payroll report. While some Fed officials might sound optimistic on their expectation on tapering later this year, it’s certain that Fed won’t move unless upbeat outlook is realized...
European Open: All Calm Ahead Of NFP, EUR/GBP Ready To Breakout?
Volatility is its usual low-self ahead of today’s NFP report, which hinges around whether USD can extend its bullish moves upon an NFP beat or give back gains upon a miss. Asian Indices: Australia’s ASX 200 index rose by 29.9...
Epic housing shortage may finally be starting to lift, as surprising number of new listings hit market in June
A for sale sign is seen near a house for sale in South Pasadena, California. Frederic J. Brown | AFP | Getty Images The epic housing shortage that began before the pandemic and then was exacerbated by it may finally...
U.S. deficit will total $3 trillion in fiscal 2021, budget panel says
The federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released Thursday that swelled 33% from the last forecast. As a result of multiple stimulus...
Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows
Robinhood Markets filed for one of the most anticipated initial public offerings of the year on Thursday, revealing rapid growth resulting in 18 million retail clients and more than $80 billion in customer assets. Unlike many recent IPOs, Robinhood was...
130 nations agree to support U.S. proposal for global minimum tax on corporations
U.S. Treasury Secretary Janet Yellen speaks during a news conference, after attending the G7 finance ministers meeting, at Winfield House in London, Britain June 5, 2021. Justin Tallis | Reuters WASHINGTON – Treasury Secretary Janet Yellen announced Thursday that a...
Lots of Moving Parts for GBP/USD
Both the UK and the US have a lot going on these days, which makes a tough job in determining the direction of GBP/USD even tougher: Coronavirus resurgence Markets seem to be getting worried. Not only has the UK seen...
WTI Outlook: Oil Price Surges to Multi-Month High on Demand Optimism, Increased Output
WTI oil price surged above $76 per barrel on Thursday, hitting the highest since October 2018, supported by growing prospects of strengthening global demand, falling US inventories and OPEC+ decision to start gradually adding about 2 million barrels per day...
Weekly jobless claims total hits new pandemic-era low of 364,000
Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate....
Dollar Soars Against Yen, But Retreats Elsewhere
Dollar surges sharply against Yen today and maintains gain after better than expected job data. Though, the greenback is retreating mildly against other major currencies, as traders are probably lightening up their positions first ahead of tomorrow’s non-farm payrolls. Comments...
Signal2forex.com - Best Forex robots and signals




