October, 2021 | Forex robots store

WTI Rises for the Seventh Straight Week on Energy Crunch, Fears of Supply Shortage

The WTI oil price extends advance into seventh straight week, hitting new highest since October 2014 on Monday, extension of last week’s 3.6% advance. Strong recovery in global oil demand on easing Covid restrictions and increased consumption on energy crunch...

AdminOct 18, 2021

Finance news

Homebuilder sentiment bounces back despite ongoing supply chain problems

Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June 3, 2021. Mike Blake | Reuters The nation’s homebuilders aren’t seeing any relief from supply chain issues that have slowed...

AdminOct 18, 2021

Fundamental analysis of Forex market

Inflation Risks and the Rate Conundrum, Dollar Hangs in There

Risk evaporates and US Industrial production disappoints Market sentiment has softened and the dollar remains subdued. Expectations that the Fed is preparing to taper is keeping the reserve currency afloat as well as the push up in the 10-year yield...

AdminOct 18, 2021

Market overviews

Euro Trading Mildly Higher in Consolidative Markets

The forex markets are generally staying in consolidative mode today, with Euro and Swiss Franc trading mildly higher. Meanwhile, Aussie is leading other commodity currencies for retreats. Dollar is also trying to firm up with 10-year yield breaking above 1.62...

AdminOct 18, 2021

Technical analysis of Forex market

AUD/USD Started a Steady Increase from 0.7320 Support

The Aussie Dollar started a steady increase from the 0.7320 support zone against the US Dollar. The AUD/USD pair broke the 0.7400 resistance zone and the 50 hourly simple moving average. A high was formed near 0.7439 before there was...

AdminOct 18, 2021

Finance news

Supply chain chaos is already hitting global growth. And it’s about to get worse

Cargo trucks parked at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle Grillot | Bloomberg | Getty Images Thanks to the rollout of coronavirus vaccines, the global economy is slowly starting to...

AdminOct 18, 2021

Finance news

Investors expect the Fed and European Central Bank will keep rates low for too long, survey says

People wearing face masks walk in front of a big Euro sign in Frankfurt am Main, western Germany, as the European Central Bank (ECB) headquarters can be seen in the background on April, 24, 2020. Yann Schreiber | Getty Images...

AdminOct 18, 2021

Market overviews

Dollar and Yen Pare Losses, Inflation and PMIs to Highlight the Week

Dollar and Yen recover mildly as the week starts, paring some of last week’s losses. Buying momentum in both currencies is rather weak so far, and they don’t look like bottoming yet. New Zealand Dollar spiked higher earlier today after...

AdminOct 18, 2021

Finance news

Watch CNBC’s Sustainable Future Forum 2021: Responsibility & Regulation

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Monday’s session from...

AdminOct 18, 2021

Technical analysis of Forex market

EUR/USD Might Continue To Struggle Near 1.1650

Key Highlights EUR/USD is attempting a recovery wave from the 1.1525 zone. It broke a key bearish trend line with resistance near 1.1550 on the 4-hours chart. GBP/USD is eyeing an upside break above the 1.3750 resistance. USD/JPY extended its...

AdminOct 18, 2021

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Month: October 2021

WTI Rises for the Seventh Straight Week on Energy Crunch, Fears of Supply Shortage

Homebuilder sentiment bounces back despite ongoing supply chain problems

Inflation Risks and the Rate Conundrum, Dollar Hangs in There

Euro Trading Mildly Higher in Consolidative Markets

AUD/USD Started a Steady Increase from 0.7320 Support

Supply chain chaos is already hitting global growth. And it’s about to get worse

Investors expect the Fed and European Central Bank will keep rates low for too long, survey says

Dollar and Yen Pare Losses, Inflation and PMIs to Highlight the Week

Watch CNBC’s Sustainable Future Forum 2021: Responsibility & Regulation

EUR/USD Might Continue To Struggle Near 1.1650

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Month: October 2021

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