August, 2021 | Forex robots store

August is usually volatile for the market, but the Fed is a wild card and could agitate things further

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, August 20, 2021. Andrew Kelly | Reuters The markets: It’s August, but it’s also Covid. Normal August trading flows are being greatly complicated by...

AdminAug 20, 2021

Fundamental analysis of Forex market

New Zealand Dollar Steadies

The New Zealand dollar has stabilized on Friday but is in negative territory for a fifth straight day. NZD/USD is currently trading at 0.6824, down 0.04% on the day. What’s next for RBNZ? It was quite the week for the...

AdminAug 20, 2021

Fundamental analysis of Forex market

Week Ahead – Fed Taper: Will They or Won’t They? Splits Loom Over Jackson Hole

The upcoming week will kick off with a bang as the flash PMI readings for August will flood the markets on Monday. However, it might go all quiet after that before Fed officials gather at Jackson Hole later in the...

AdminAug 20, 2021

Fundamental analysis of Forex market

Forward Guidance: Canadian Business Optimism Clouded by Escalating Input Costs

A quieter flow of economic data next week will highlight the ongoing recovery in hard-hit service sectors. Our own tracking of credit card transactions is pointing to an increase in food services sales that exceeds the 4.2% rebound in retail...

AdminAug 20, 2021

Market overviews

Canadian Dollar Stays Weak after Retail Sales

Canadian Dollar is trading as the worst performing one today and slightly weaker than expected retail sales data provide little help. Persistent weakness in oil price is weighing down the loonie, together with overall negative sentiment. Overnight development is unchanged...

AdminAug 20, 2021

Technical analysis of Forex market

US Dollar Index Outlook: Dollar Hits New Multi-Month High

US Dollar Index The dollar index extends gains into fifth straight day and hits new highest levels since early June on Friday. Global risk aversion on growing fears over consequences of fresh spread of Delta variant which already caused new...

AdminAug 20, 2021

Technical analysis of Forex market

EUR/USD Outlook: The Pair Broke the Key 1.1750 Support Zone to Move into a Bearish Zone

The Euro failed to clear the 1.1800 resistance and started a fresh decline against the US Dollar. The EUR/USD pair broke the key 1.1750 support zone to move into a bearish zone. It even broke the 1.1700 support level and...

AdminAug 20, 2021

Finance news

Stocks making the biggest moves premarket: Deere, Foot Locker, Buckle, Spotify and more

Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up...

AdminAug 20, 2021

Technical analysis of Forex market

EUR/JPY Daily Chart Might Turn Bullish

The EUR/JPY might make a possible bounce in the zone as the price is supported by historical buying. We might see a nice move in EUR/JPY as the price is in the POC zone. If 127.00 stays strong we could...

AdminAug 20, 2021

Finance news

Chinese regulators meet with developer Evergrande as scrutiny on real estate grows

A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for...

AdminAug 20, 2021

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Month: August 2021

August is usually volatile for the market, but the Fed is a wild card and could agitate things further

New Zealand Dollar Steadies

Week Ahead – Fed Taper: Will They or Won’t They? Splits Loom Over Jackson Hole

Forward Guidance: Canadian Business Optimism Clouded by Escalating Input Costs

Canadian Dollar Stays Weak after Retail Sales

US Dollar Index Outlook: Dollar Hits New Multi-Month High

EUR/USD Outlook: The Pair Broke the Key 1.1750 Support Zone to Move into a Bearish Zone

Stocks making the biggest moves premarket: Deere, Foot Locker, Buckle, Spotify and more

EUR/JPY Daily Chart Might Turn Bullish

Chinese regulators meet with developer Evergrande as scrutiny on real estate grows

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Month: August 2021

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