August, 2021 | Forex robots store

Retail sales likely dipped in July as consumers held off on purchases amid Covid delta worries

Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Retail sales were expected to have fallen off in July, as consumers reacted to the delta...

AdminAug 16, 2021

Fundamental analysis of Forex market

RBNZ to Lift Rates, What to Expect

The Reserve Bank of New Zealand (RBNZ) is almost certain to raise interest rates when it concludes its meeting at 02:00 GMT Wednesday. Markets have already fully priced in a regular rate increase and are also assigning a small chance...

AdminAug 16, 2021

Market overviews

Swiss Franc and Yen Rise as Markets Turn to Risk-Off Mode

Risk aversion is a main theme today, on situation in Afghanistan, poor China data, and spread of Delta virus. Yen and Swiss Franc rise broadly, and to a lesser extent followed by Dollar. Commodity currencies are all in red, in...

AdminAug 16, 2021

Technical analysis of Forex market

British Pound Slowly Plunging

Early in another August week, the British Pound is slowly falling against the USD. GBPUSD remains under pressure within the mid-term downtrend and is mostly trading at 1.3847. The GDP statistics for the second quarter of 2021 published by the...

AdminAug 16, 2021

Finance news

Stocks making the biggest moves in the premarket: Sonos, MicroStrategy, Seagate Technology and more

Take a look at some of the biggest movers in the premarket: Sonos (SONO) – Sonos shares surged 10.6% in the premarket after an International Trade Commission judge ruled that Alphabet’s (GOOGL) Google unit had infringed on some of the...

AdminAug 16, 2021

Central banks news

RBNZ Preview – Raising Rate as Least Regrets Option

The market has priced in a 25 bps hike, bringing the OCR to 0.5%, at this week’s RBNZ meeting. Much stronger-than-expected economic recovery since the last meeting, the rapidly rising inflation and inflation expectations, and a better job market are...

AdminAug 16, 2021

Finance news

There’s growing support within the Fed to announce the tapering of bond purchases in September

Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021....

AdminAug 16, 2021

Technical analysis of Forex market

XAUUSD Is Possibly Bullish

Technical analysis The price lies in between the EMA(50) and the EMA (100), closer to the latter The MACD indicator line is above 0, pointing down The RSI is above 50. What the possible outcomes are The U.S. dollar edged...

AdminAug 16, 2021

Fundamental analysis of Forex market

The Canadian Dollar Is Trading Slightly Lower In The USD/CAD 1.254 Area

Markets Failure to take out support levels in both EUR/USD and EUR/GBP triggered return action higher in thin Summer trading conditions. EUR/USD 1.1704/1.1695 support is the current stop to the August dollar rally after last Wednesday’s CPI print -” high,...

AdminAug 16, 2021

Market overviews

Yen Rises on Weak China Data, Strong Delta Spread

Yen rises broadly in Asian session on a couple of risk off factor, all linked to the pandemic. The set of weaker than expected data from China suggested that recovery is losing much momentum as the coronavirus is back. Japan...

AdminAug 16, 2021

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Month: August 2021

Retail sales likely dipped in July as consumers held off on purchases amid Covid delta worries

RBNZ to Lift Rates, What to Expect

Swiss Franc and Yen Rise as Markets Turn to Risk-Off Mode

British Pound Slowly Plunging

Stocks making the biggest moves in the premarket: Sonos, MicroStrategy, Seagate Technology and more

RBNZ Preview – Raising Rate as Least Regrets Option

There’s growing support within the Fed to announce the tapering of bond purchases in September

XAUUSD Is Possibly Bullish

The Canadian Dollar Is Trading Slightly Lower In The USD/CAD 1.254 Area

Yen Rises on Weak China Data, Strong Delta Spread

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Month: August 2021

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