2021 | Forex robots store

Europe Heads Lower On Inflation Fears, Weaker Commodity Prices

European markets are trading sharply lower on Wednesday, after a late sell-off on Wall Street. Inflation fears continue to haunt the market, while a sell-off in commodities sends resource stocks southwards. Wall Street experienced a significant sell-off, led southwards by...

AdminMay 19, 2021

Technical analysis of Forex market

Market Morning Briefing: Dollar Index Has Broken Below 90

STOCKS Asians are trading weak. Nikkei has failed to break above 28500 and keeps the bearish view intact. Shanghai has to sustain above 3500 to breach 3525 and rise further. Sensex and Nifty have closed higher yesterday but have to...

AdminMay 19, 2021

Market overviews

Dollar Staying Weak ahead of FOMC Minutes, Canadian Dollar Lost Momentum

Dollar’s decline slowed in Asian session today, but remains generally weak, in particular against European majors. Though, indecisive risk sentiment is somehow limiting upside in commodity currencies, with Canadian Dollar following oil prices lower today. There is prospect of more...

AdminMay 19, 2021

Finance news

Cryptocurrencies are close to reaching a big milestone versus gold by one Wall Street firm’s count

Crypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 trillion,...

AdminMay 18, 2021

Finance news

Yellen pushes higher taxes, stronger unions, more global competition to U.S. Chamber

Secretary of the Treasury Janet Yellen speaks during a daily news briefing at the James Brady Press Briefing Room of the White House May 7, in Washington, DC. Alex Wong | Getty Images Treasury Secretary Janet Yellen called on Tuesday...

AdminMay 18, 2021

Technical analysis of Forex market

EURCHF Bearish Pressures Fumble ahead of 1.0900 Defences

EURCHF has faded from the near 20-month peak of 1.1151 below the Ichimoku cloud but negative momentum seems to be dwindling around the 100-day simple moving average (SMA) at 1.0943. The 100- and 200-day SMAs are shielding price improvements, while...

AdminMay 18, 2021

Fundamental analysis of Forex market

Pound Gains Bullish Traction ahead of Data Releases

British Chancellor Rishi Sunak expressed in an exclusive interview last week that post-Brexit Britain can look forward to a flourishing future as hopes and opportunities are rising again after a harsh start to the year. Following a robust employment report,...

AdminMay 18, 2021

Fundamental analysis of Forex market

Bumper Jobs Data Boosts GBP/USD to 1.42

The UK labour market appears to have turned a corner. The latest jobs data painted an improved picture. Unemployment unexpectedly declined to 4.8% in the three months to March, down from 4.9% in February and also its third straight monthly...

AdminMay 18, 2021

Market overviews

Dollar Selloff Intensifies, European Majors Winning

Dollar’s selloff intensifies today as risk-on sentiment is slowly coming back to the markets. Yen is following as the next weakest. European majors are currently the main winners. Commodity currencies are somewhat lagging behind. In other markets, European indexes are...

AdminMay 18, 2021

Technical analysis of Forex market

EUR/AUD 4H Chart: Bulls Could Prevail

The common European currency surged by 1.51% against the Australian Dollar during last week’s trading sessions. The currency pair breached the 50– and 200– period SMAs last week. All things being equal, the exchange rate could continue to edge higher...

AdminMay 18, 2021

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Liudmila

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Year: 2021

Europe Heads Lower On Inflation Fears, Weaker Commodity Prices

Market Morning Briefing: Dollar Index Has Broken Below 90

Dollar Staying Weak ahead of FOMC Minutes, Canadian Dollar Lost Momentum

Cryptocurrencies are close to reaching a big milestone versus gold by one Wall Street firm’s count

Yellen pushes higher taxes, stronger unions, more global competition to U.S. Chamber

EURCHF Bearish Pressures Fumble ahead of 1.0900 Defences

Pound Gains Bullish Traction ahead of Data Releases

Bumper Jobs Data Boosts GBP/USD to 1.42

Dollar Selloff Intensifies, European Majors Winning

EUR/AUD 4H Chart: Bulls Could Prevail

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Year: 2021

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