October, 2021 | Forex robots store

Kiwi Down after RBNZ Rate Hike, Yen Softer on Rising Yields Again

New Zealand Dollar trades mildly lower together with commodity currencies in quiet Asian session. Overall markets are mixed as Japan and Hong Kong stocks head lower, decoupling from the strong rebound in the US overnight. Dollar appears to be supported...

AdminOct 6, 2021

Finance news

Turbulent market is fueling a never-before-seen trend between energy and S&P 500, Bespoke’s Paul Hickey finds

An unprecedented trend appears to be underway between the booming energy sector and the turbulent stock market. Over the past ten trading days, the Bespoke Investment Group’s Paul Hickey finds energy has never performed this well while the S&P 500...

AdminOct 6, 2021

Finance news

Fed’s Evans sees inflation falling below central bank’s 2% target after current rise subsides

The current spate of inflation won’t last and ultimately will fall below the Federal Reserve’s target, Chicago Fed President Charles Evans said Tuesday. While inflation by some measures is running at a 30-year high, Evans told CNBC the supply chain...

AdminOct 6, 2021

Finance news

U.S. faces a recession if Congress doesn’t address the debt limit within 2 weeks, Yellen says

Treasury Secretary Janet Yellen on Tuesday said she believes the economy would fall into a recession if Congress fails to address the federal government’s borrowing limit before an unprecedented default on the U.S. debt. “I do regard Oct. 18 as...

AdminOct 5, 2021

Finance news

Yellen sees inflation staying higher for the next several months

Treasury Secretary Janet Yellen cautioned Tuesday that inflationary pressures hitting the U.S. economy could last for a while. Coming less than a week after Federal Reserve Chairman Jerome Powell called inflation “frustrating,” Yellen told CNBC that the various issues that...

AdminOct 5, 2021

Fundamental analysis of Forex market

U.S. Service Sector Remains Strong

The ISM services index surprised with an increase to 61.9 in September from 61.7 in August. This was higher than market expectations for a decline to 60. Combined with the manufacturing reading, the ISM Composite reading moved to 61.8 from...

AdminOct 5, 2021

Fundamental analysis of Forex market

NZ Dollar on Hold ahead of RBNZ

The New Zealand dollar is calm in the Tuesday session, ahead of the RBNZ policy decision. NZD/USD is currently trading at 0.6963, down 0.10% on the day. The currency has been on an impressive upturn, rising two full cents since...

AdminOct 5, 2021

Market overviews

Sterling Rises in Stable Markets, Euro and Swiss Franc Soft

Market sentiment is stable today, with European index trading mildly higher while US futures point to a rebound. But overall direction remains rather unclear. Sterling is currently the stronger one, with additional help from buying against other European majors. Kiwi...

AdminOct 5, 2021

Technical analysis of Forex market

USD/JPY Bears Are Still In Control

The USD/JPY has reached the confluence zone and we might see a drop. The 111.20 zone has been hit and the price is hesitant to move further up. At this point we could see the move down which might become more potent...

AdminOct 5, 2021

Technical analysis of Forex market

EUR/USD Outlook: Bears Regain Traction After Minor Recovery But May Stay On Hold Until US NFP Data

The Euro returns to red on Tuesday after minor correction in past two days lost traction ahead of initial resistances at 1.1660 zone. The pair keeps negative tone but probes below pivotal 1.16 support zone, so far lacked strength to...

AdminOct 5, 2021

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Month: October 2021

Kiwi Down after RBNZ Rate Hike, Yen Softer on Rising Yields Again

Turbulent market is fueling a never-before-seen trend between energy and S&P 500, Bespoke’s Paul Hickey finds

Fed’s Evans sees inflation falling below central bank’s 2% target after current rise subsides

U.S. faces a recession if Congress doesn’t address the debt limit within 2 weeks, Yellen says

Yellen sees inflation staying higher for the next several months

U.S. Service Sector Remains Strong

NZ Dollar on Hold ahead of RBNZ

Sterling Rises in Stable Markets, Euro and Swiss Franc Soft

USD/JPY Bears Are Still In Control

EUR/USD Outlook: Bears Regain Traction After Minor Recovery But May Stay On Hold Until US NFP Data

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Month: October 2021

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