EUR/USD Outlook: Conflicting Techs Keep The Euro In Directionless Mode, US Jobs Data In Focus
Near-term action remains in a sideways mode on conflicting technical signals and ahead of US jobs data, which could provide more evidence about Euro’s direction. Recovery attempts from new 2021 low that left a bear-trap under 1.1290 Fibo level, underpin...
WeChat Pay exec says he hopes payments business can be ‘in all places,’ as rivalry with Alibaba eases
A QR code for digital payment services WeChat by Tencent and Alipay by Ant Group, an affiliate of Alibaba Group, is displayed at a parking lot on December 27, 2020, in Yichang, Hubei province of China. Wang Jianfeng | Visual...
Fed Chair Powell’s U-Turn On Inflation Is The Obvious Driver
Markets European stocks recovered in absence of any Omicron-related headlines. Main equity indices gained up to nearly 3% for the EuroStoxx50 in a calm European trading session. Core bonds and EUR/USD treaded water. Dynamics again changed during US dealings. A...
US Stocks Extended Selloff on Faster Fed Tapering, Dollar Mixed
While the US stock extended the near term steep pull back overnight, Asian markets are relatively steady and are just mixed. Major currency pairs and crosses are also stuck in tight range for consolidation. As for the week, Swiss Franc...
Stocks making the biggest moves midday: Vertex Pharmaceuticals, Moderna, Lennar, Salesforce and more
Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday: Allbirds — Allbirds shares sunk more than 13% after the shoe maker’s losses grew in the third quarter,...
CEO survey taken before omicron emergence shows optimism about the economy over the next 6 months
A customer carries her purchases during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Strong consumer demand...
Mortgage refinance demand plunged 15% last week, but could now reverse
Daniel Acker | Bloomberg | Getty Images Mortgage rates rose decisively again for most of last week, causing a massive drop in mortgage demand, but late in the week everything changed with the news of the Covid omicron variant. Last...
Private payrolls post better-than-expected growth of 534,000 in November, ADP says
Companies added jobs at a robust pace in November despite worries about rising inflation and the threat that the pandemic could slow growth into the winter months, according to a report Wednesday from payroll processing firm ADP. Private hiring increased...
GBPJPY Tests 20-Period SMA; Tries to Turn Bullish
GBPJPY rebounded off the 149.65 support level and tested the 20-period simple moving average (SMA) around the 151.00 psychological mark. The MACD oscillator is advancing above its trigger line in the negative region, while the RSI is flattening in the bearish territory, indicating...
CAD Shrugs as Building Permits Sparkles
The Canadian dollar has edged lower on Wednesday. In North American trade, USD/CAD is trading at 1.2743, down 0.27% on the day. Canada’s Building Permits beats expectations It has been a relatively quiet week for the Canadian dollar, despite some...
Signal2forex.com - Best Forex robots and signals




