August, 2021 | Forex robots store

Watch Fed Chair Powell deliver his key Jackson Hole economic speech live

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell delivers his much-anticipated speech Friday morning as part of the...

AdminAug 27, 2021

Finance news

Key inflation gauge rises 3.6% from a year ago to tie biggest jump since the early 1990s

An inflation measure the Federal Reserve uses to set policy rose 3.6% in July from a year ago, meeting Wall Street expectations but also tying the highest level in about 30 years. The core personal consumption expenditures price index, which...

AdminAug 27, 2021

Fundamental analysis of Forex market

Canadian Dollar Flat ahead of Powell

It has been a volatile week for the Canadian dollar, but the currency is as quiet as a mouse on Friday. Currently, USD/CAD is trading at 1.2683, up 0.02% on the day. On the economic calendar, Canada’s Raw Materials Price Index...

AdminAug 27, 2021

Market overviews

Markets Treading Water Despite Strong PCE Inflation, Powell Next

The overall markets continue to tread water in early US session. Two Fed officials expressed their support for tapering, but investors are probably still waiting for Chair Jerome Powell’s Jackson Hole speech to take action. There is also little reaction...

AdminAug 27, 2021

Finance news

Stocks making the biggest moves premarket: Big Lots, Hibbett Sports, Peloton, Gap and others

Check out the companies making headlines before the bell: Big Lots (BIG) – The discount retailer’s shares tumbled 9.5% in premarket trading after it missed top and bottom-line estimates for its latest quarter. Big Lots earned $1.09 per share, 3...

AdminAug 27, 2021

Technical analysis of Forex market

GBPJPY Lacks Bullish Signals Despite Rebound

GBPJPY has been in recovery mode this week, partially erasing last week’s losses thanks to the bounce on the long-term dashed ascending trendline, which has been supporting the market since the 2020 freefall. The 38.2% Fibonacci retracement of the latest...

AdminAug 27, 2021

Technical analysis of Forex market

EUR/USD Outlook: The Pair Broke The Key 1.1750 Resistance Zone To Move Into A Short-Term Bullish Zone

The Euro started a recovery wave above the 1.1720 resistance zone against the US Dollar. The EUR/USD pair broke the key 1.1750 resistance zone to move into a short-term bullish zone. The pair traded as high as 1.1778 before it...

AdminAug 27, 2021

Technical analysis of Forex market

USDCAD Gains On Trendline Support

USDCAD stepped decisively on the ascending trendline, which has been supporting the market since the drop to a 3 ½-year low of 1.2006 in May, and drifted northwards to hit resistance within the 1.2680 – 1.2700 zone. The cheerful upside...

AdminAug 27, 2021

Technical analysis of Forex market

EUR/USD Outlook: Near-Term Directionless Mode Extends

The Euro is slightly bid in early Friday but lack of firmer signals keeps near-term action directionless for the third straight day. All eyes are on the speech of Fed Chair Powell, due later today, as traders look for hints...

AdminAug 27, 2021

Technical analysis of Forex market

US 30 Recoups Previous Losses

The Dow Jones index pulls back as traders await updates from the Fed’s Jackson Hole meeting. Price action’s V-shaped rebound is typical of buying-the-dips from the demand zone near 34600. By lifting offers around 35450 the bulls have signaled their...

AdminAug 27, 2021

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Month: August 2021

Watch Fed Chair Powell deliver his key Jackson Hole economic speech live

Key inflation gauge rises 3.6% from a year ago to tie biggest jump since the early 1990s

Canadian Dollar Flat ahead of Powell

Markets Treading Water Despite Strong PCE Inflation, Powell Next

Stocks making the biggest moves premarket: Big Lots, Hibbett Sports, Peloton, Gap and others

GBPJPY Lacks Bullish Signals Despite Rebound

EUR/USD Outlook: The Pair Broke The Key 1.1750 Resistance Zone To Move Into A Short-Term Bullish Zone

USDCAD Gains On Trendline Support

EUR/USD Outlook: Near-Term Directionless Mode Extends

US 30 Recoups Previous Losses

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Month: August 2021

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