September, 2021 | Forex robots store

Stocks Rally ahead of the Fed

Stock markets are looking surprisingly bullish ahead of the Federal Reserve decision later today, with Europe posting gains above 1% and the US not far behind. It seems all of the unease around Evergrande in recent days is abating, with...

AdminSep 22, 2021

Finance news

Existing home sales fall 2% as first-time buyers are priced out

Sales of previously owned homes declined 2% in August from July to a seasonally adjusted annualized rate of 5.88 million units, according to the National Association of Realtors. Sales were 1.5% lower than August 2020 for the first annual decline...

AdminSep 22, 2021

Fundamental analysis of Forex market

US Open: Futures Rise ahead of Fed Announcement

Stocks on Wall Street look set to open higher as the Evergrande can is kicked down the road and as the Fed announcement is awaited. With expectations of a hint towards tapering, the risk is that the Fed fails to...

AdminSep 22, 2021

Market overviews

Sterling Staying in Selloff Mode, Quiet Markets Await Fed

Trading in the forex markets is rather subdued today, as FOMC policy decision, dot plot and economic projections are awaited. The markets could come back to live if there are some hawkish twists in Fed’s projections. For now, Sterling is...

AdminSep 22, 2021

Finance news

Jamie Dimon warns it’s possible the Fed could be forced into a sharp move next year

JP Morgan CEO Jamie Dimon looks on during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon has warned investors that the...

AdminSep 22, 2021

Technical analysis of Forex market

USD/CAD Ascending Channel But The Price Is Ranging

The USD/CAD is currently ranging within an ascending channel. We could see a dip then a move up. The POC zone comes around 1.2650 and we could see a move to the upside. However, watch for the FOMC today. If...

AdminSep 22, 2021

Finance news

Stronger mortgage demand points to September surge in home sales

A sales center sign in front of a new residential community in Lithonia, Georgia, April 26, 2021. Elijah Nouvelage | Bloomberg | Getty Images After a Labor Day week lull, demand for mortgages rose sharply last week from homeowners and...

AdminSep 22, 2021

Finance news

Here’s why the Evergrande crisis is not China’s ‘Lehman moment’

The Evergrande headquarters is seen in Shenzhen, southeastern China on September 14, 2021, as the Chinese property giant said it is facing “unprecedented difficulties” but denied rumours that it is about to go under. Noel Celis | AFP | Getty...

AdminSep 22, 2021

Technical analysis of Forex market

USD/CAD Uptrend Likely To Continue

On Tuesday, the US Dollar surged by 84 pips or 0.66% against the Canadian Dollar. The currency pair breached the upper line of an ascending channel pattern at 1.2850 during Tuesday’s trading session. As for the near future, the exchange...

AdminSep 22, 2021

Market overviews

Markets Turned Cautious ahead of FOMC, Hawkish Surprise Possible

Markets have turned quiet today as focus is shifted to FOMC policy decisions. While a tapering announcement is highly unlikely, there are still prospects of hawkish surprises in the dot plot and the economic projections. In the currency markets, Sterling...

AdminSep 22, 2021

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Month: September 2021

Stocks Rally ahead of the Fed

Existing home sales fall 2% as first-time buyers are priced out

US Open: Futures Rise ahead of Fed Announcement

Sterling Staying in Selloff Mode, Quiet Markets Await Fed

Jamie Dimon warns it’s possible the Fed could be forced into a sharp move next year

USD/CAD Ascending Channel But The Price Is Ranging

Stronger mortgage demand points to September surge in home sales

Here’s why the Evergrande crisis is not China’s ‘Lehman moment’

USD/CAD Uptrend Likely To Continue

Markets Turned Cautious ahead of FOMC, Hawkish Surprise Possible

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