2021 | Forex robots store

Sterling Rises on Solid Job Data, Dollar Firm on Retail Sales

Sterling rises broadly today with help from solid job data, which eased the concerns over the impact of end of furlough scheme. Dollar is also firm as supported by better than expected retail sales sales. Euro is trying to digest...

AdminNov 16, 2021

Technical analysis of Forex market

GBPCHF Rallies After Crossing Above 50-SMA

GBPCHF has been surging in the short term as its positive momentum strengthened after the price surpassed the 50-day simple moving average (SMA). However, this recent rally has not been sufficient to reverse its medium-term downtrend. The pair is likely...

AdminNov 16, 2021

Finance news

El-Erian says he bought bitcoin but sold too early — here’s when he’d feel comfortable buying again

Famed economist Mohamed El-Erian says he bought some bitcoin a few years ago — but misjudged when to sell due to “behavioral mistakes.” The Allianz chief economic advisor revealed he purchased an unspecified amount of bitcoin in the “crypto winter”...

AdminNov 16, 2021

Fundamental analysis of Forex market

Slight Improvement In US-China Diplomatic Relations

Market movers today Today’s highlight will be the US retail sales which have continued to surprise on the upside in recent months. Elevated US goods consumption remains an important driver behind the global supply chain pressures and today’s figures will...

AdminNov 16, 2021

Market overviews

Euro Selloff Intensified on Dovish Lagarde, Could EUR/USD Defend 1.13?

Euro tumbled broadly overnight, riding on dovish comments from ECB President Christine Lagarde. In short, Lagarde continued to talk down the need of early stimulus withdrawal and warned of the hurt to recovery for doing so. Swiss Franc is currently...

AdminNov 16, 2021

Technical analysis of Forex market

Market Morning Briefing: Euro Has Fallen Sharply Breaking Below 1.14

STOCKS Dow can dip to 35000 while below 36250 while Dax could be headed towards 16400 while above 16100.Nikkei and Shanghai can rise towards 30000/31000 and 3600 respectively if they continue to rise from current levels. Nifty and Sensex need...

AdminNov 16, 2021

Finance news

Fed is losing credibility over its inflation narrative, Mohamed El-Erian says

The Federal Reserve is losing credibility over its long-standing view that inflation is transitory, according to Mohamed El-Erian, chief economic advisor at Allianz. “I think the Fed is losing credibility,” El-Erian said Monday. “I’ve argued that it is really important...

AdminNov 16, 2021

Fundamental analysis of Forex market

Japan: Expect Stronger Economy But Softer Currency

Summary Japan’s GDP contracted in Q3, not an unexpected result considering a state of emergency remained in effect for Tokyo and the surrounding areas through until the end of September. Weakness was evident in both consumer spending and business investment....

AdminNov 15, 2021

Market overviews

Aussie Jumps With Risk Appetite, Dollar Continues to Retreat

Australian Dollar leads other commodity currencies higher today, as supported by solid risk appetite. US futures indicate a much higher open and extended rally could push major indices to new record highs later this week. Dollar and Euro are currently...

AdminNov 15, 2021

Finance news

GOP report shows inflation hurts low-income Americans the most, blames Democrats for price jumps

A person shops in the meat section of a grocery store on November 11, 2021 in Los Angeles, California. Mario Tama | Getty Images Republicans on the Joint Economic Committee on Monday warned that inflation is having an outsized effect...

AdminNov 15, 2021

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Liudmila

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Year: 2021

Sterling Rises on Solid Job Data, Dollar Firm on Retail Sales

GBPCHF Rallies After Crossing Above 50-SMA

El-Erian says he bought bitcoin but sold too early — here’s when he’d feel comfortable buying again

Slight Improvement In US-China Diplomatic Relations

Euro Selloff Intensified on Dovish Lagarde, Could EUR/USD Defend 1.13?

Market Morning Briefing: Euro Has Fallen Sharply Breaking Below 1.14

Fed is losing credibility over its inflation narrative, Mohamed El-Erian says

Japan: Expect Stronger Economy But Softer Currency

Aussie Jumps With Risk Appetite, Dollar Continues to Retreat

GOP report shows inflation hurts low-income Americans the most, blames Democrats for price jumps

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Year: 2021

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