Euro Surges Broadly on German Business Sentiment, DAX Hits Record
Euro surges broadly today, while German DAX and Stoxx 600 hit new record highs. Strong German business climate reading gave sentiments a strong lift. For now the common currency is only out-performed by New Zealand Dollar, and followed by Swiss...
USDCAD Eyeballs Recently Reached 6-Year Bottom
USDCAD is consolidating between its freshly found footing at 1.2012, a multi-year bottom, and the high of 1.2144. Nonetheless, USDCAD remains predominantly bearish, with the falling simple moving averages (SMAs) weighing on price improvements. The Ichimoku lines are reflecting the...
Markets are so fixated on inflation they might miss the next big blowup, says BlackRock
Chinese and U.S. flags outside the building of an American company in Beijing, China January 21, 2021. Tingshu Wang | Reuterss While investors have been preoccupied with rising prices, a flare-up in U.S.-China tensions could catch investors by surprise, BlackRock...
Aussie Mixed Despite Strong Export Data, Dollar Heading South
The forex markets are staying in mixed consolidative mode in Asian session. Australian Dollar trades mildly higher following strong, record making, export data. But that’s offset by Melbourne’s return to pandemic restriction, on masks and gatherings. Dollar turns weaker as...
Asian Open: A Good Start To The Week On Wall Street, EUR/JPY Set To Rally?
Lower treasury yields helped buoy Wall Street overnight, with the Nasdaq 100 leading the rally with a 1.5% gain.Lower treasury yields helped buoy Wall Street overnight, with the Nasdaq 100 leading the rally with a 1.5% gain. Asian Futures: Australia’s...
Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up
US Federal Reserve Governor Lael Brainard attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images Federal Reserve Governor Lael Brainard pressed the case for a...
Quantitative Easing (QE) Explained: Central Bank Tool for Growth
Quantitative Easing Explained: Main Talking Points With interest rates near zero, the Federal Reserve ventured another policy tool in quantitative easing After years of QE, the Bank of Japan has experienced diminishing economic and financial returns Similarly, the ECB has...
Stocks making the biggest moves midday: Beyond Meat, Virgin Galactic, AMC and more
Patties of Beyond Meat Inc.’s plant-based burger Beyond Burger are cooked on a skillet. Yuriko Nakao | Getty Images Check out the companies making headlines in midday trading. Beyond Meat — Shares of the alternative meat company surged around 10%...
Euro Rises, German Business Confidence Next
The euro has started the week in positive territory. In the North American session, EUR/USD is trading at 1.2220, up 0.32%. Monday is a national holiday across much of Europe, and there are no economic releases out of the eurozone....
AUDUSD Tries to Overthrow Bearish Pressures
AUDUSD is successfully recapturing some of the pair’s recently lost ground but this progress may be short-lived should the price fail to navigate through the resistance zone of 0.7739-0.7762. The fairly horizontal 100- and 200-period simple moving averages (SMAs) are...
Signal2forex.com - Best Forex robots and signals




