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Goldman cuts GDP forecast after Sen. Manchin says he won’t support Biden’s ‘Build Back Better’ plan

U.S. Senator Joe Manchin (D-WV) delivers remarks to reporters at the U.S. Capitol in Washington, D.C., November 1, 2021. Jonathan Ernst | Reuters The apparent failure of President Joe Biden’s “Build Back Better” plan means that economic growth could be...

AdminDec 20, 2021

Fundamental analysis of Forex market

Canadian Dollar Keeps Falling

The US dollar is flexing some muscle as USD/CAD has started the week with considerable gains and is trading around 1.2950. The Canadian dollar had a rough week, losing 1.29%. USD/CAD is closing in on the symbolic 1.30 line, which...

AdminDec 20, 2021

Technical analysis of Forex market

EUR/USD Outlook: Near-Term Action Extends Sideways Mode but Larger Picture Remains Bearish

The Euro bounces on Monday, reversing over 50% of Friday’s 0.85% drop and bringing the price to the middle of the range that extends into a fifth straight week. Fresh strength partially offsets negative signal from last week’s bearish close...

AdminDec 20, 2021

Market overviews

Risk Aversion Continues, Canadian Dollar Follows Oil Lower

Commodity currencies are under broad-based pressure today, as markets are trading in risk-off mode on the spread of Omicron. Canadian Dollar is leading the way lower as WTI oil tumbles below 70. But Euro and Swiss Franc are currently the...

AdminDec 20, 2021

Finance news

Stocks making the biggest moves premarket: Moderna, Royal Caribbean, Cerner and others

Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread...

AdminDec 20, 2021

Technical analysis of Forex market

AUDUSD Ticks Up after Finding Support at 0.7090

AUDUSD found strong support at the 0.7090 barrier after several red sessions. The RSI is also pointing upwards in the negative territory, while the MACD is still falling below its trigger and zero lines. The 20- and 40-period simple moving averages...

AdminDec 20, 2021

Fundamental analysis of Forex market

NZD Falls as Consumer Confidence Slows

The New Zealand dollar continues to lose ground. In the European session, NZD/USD is trading at 0.6715, down 0.39% on the day. The currency ended last week on a sour note, falling 0.89%. New Zealand consumers pessimistic There is a...

AdminDec 20, 2021

Market overviews

Asia Starts With Risk-off Sentiment, Yen Crosses Take a Dive

A holiday shortened week starts will risk-off sentiment. Selloff in notable in Japan with Nikkei back below 28k handle, while HK HSI also hits the lowest level this year. In the currency markets, Yen is currently the strongest one for...

AdminDec 20, 2021

Technical analysis of Forex market

Market Morning Briefing: USDCNY Rose To 6.3833 Before Falling Off From There

STOCKS Dow has room to fall down to 35000 before we see a rise again while Dax can bounce from 15500 towards 15900. Nikkei has come down sharply today and is bearish to see a fall towards 27000. Shanghai can...

AdminDec 20, 2021

Finance news

‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors

The stock market’s volatility jump may be in its early stages. Despite a bullish 2022 outlook, Wilmington Trust’s Meghan Shue expects the wild swings to ramp up as investors digest a less accommodative Federal Reserve and assess new risks tied...

AdminDec 20, 2021

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Liudmila

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Author: Admin

Goldman cuts GDP forecast after Sen. Manchin says he won’t support Biden’s ‘Build Back Better’ plan

Canadian Dollar Keeps Falling

EUR/USD Outlook: Near-Term Action Extends Sideways Mode but Larger Picture Remains Bearish

Risk Aversion Continues, Canadian Dollar Follows Oil Lower

Stocks making the biggest moves premarket: Moderna, Royal Caribbean, Cerner and others

AUDUSD Ticks Up after Finding Support at 0.7090

NZD Falls as Consumer Confidence Slows

Asia Starts With Risk-off Sentiment, Yen Crosses Take a Dive

Market Morning Briefing: USDCNY Rose To 6.3833 Before Falling Off From There

‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors

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