Private payrolls show big gain in April but still short of lofty expectations, ADP says
Bartenders wearing protective masks assist customers sitting at the bar at Blooms Tavern in New York, U.S., on Monday, May 3, 2021. Nina Westervelt | Bloomberg | Getty Images Private job growth accelerated in April but fell a bit short...
Vice President Harris leading small business outreach in White House recovery plan push
Vice President Kamala Harris speaks during a listening session on broadband internet at the New Hampshire Electric Co-op in Plymouth, New Hampshire, April 23, 2021, as she travels to the state to promote the administration’s economic plans. Saul Loeb |...
XAUUSD In The Buy Zone
Gold has staged a pullback towards critical trendline support, following a heavy technical rejection from the $1,800 resistance zone. A bullish inverted head and shoulders pattern still remains in play while the price of gold trades above the $1,556 support...
Kiwi Rebounds on Strong Job Data, Dollar and Yen Soften
Trading continues to be relatively subdued in the forex markets. US Treasury Janet Yellen’s comments prompted selloff in stocks overnight. But reactions in currencies were just mild, with most pairs and crosses range bound. Strong job data from New Zealand...
Elliott Wave View: DAX Looking To Find Buyers Soon
Short term Elliott wave view in DAX suggests the rally from January 28, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 28 low, wave 1 ended at 14169.49 and pullback in wave 2...
Scottish Elections & GBP
Voters in Scotland will head to the polls on Thursday for the Scottish Parliamentary elections. This could mark the start of a renewed push towards Scottish independence. But that doesn’t necessarily mean that the Pound will see a strong reaction....
BOE Preview: Economic Forecasts to be Upgraded, while QE Tapering to Begin in August
At the upcoming BOE meeting, we expect policymakers to vote unanimously to keep the Bank rate unchanged at 0.1%. They would also continue to buy up to 875B pound of UK government bonds and 20B pound of corporate debts. The...
Stock futures are flat after sell-off in growth and tech
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just...
Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating
Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending. “It may be...
The Covid recovery still has a K shape
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading? Traders face a barrage of information when ... 
Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |