Ivey PMI Could Boost Canadian Dollar
The Canadian dollar has reversed directions on Tuesday and posted slight losses. Currently, USD/CAD is trading at 1.2549, up 0.25% on the day. Canada Ivey PMI expected to climb The Ivey PMI rebounded in impressive form in February, rising to...
Sterling Paring Recent Gains, Euro and Swiss Firmer
Positive sentiment sent German DAX to new record high today, while US futures point to a firm open. Investors are becoming more optimistic on the upcoming recovery, as seen in Eurozone Sentix data. IMF also raised growth forecast of the...
Recovery Optimism Sends Dax to Record High
Dax, FTSE gain ground European stocks are bounding higher on Tuesday, rallying to record levels on signs of economic recovery, even as the region battles with its third wave of Covid and attempts to ramp up its vaccine programme. News...
S&P 500 Outlook: Consolidating Under New Record High
The S&P index is consolidating under new record high, posted after 1% rally on Monday, sparked by upbeat US data. A survey showed a measure of US services industry activity jumped to a record high in March after last week’s...
RBA Hints to Expand QE In Order to Boost Job and Inflation
The RBA left all its monetary policy measures unchanged in April. The cash rate target stays at 0.1%. correspondingly, the 3-year Australian Government Bond yield target (yield curve control) and the Term Funding Facility (TFF) interest rate also remain at...
Dollar Tumbles as DOW Hits Record, Aussie Shrugs RBA
Dollar trades broadly lower this week so far, following the strong record close in stocks overnight. Nevertheless, Yen and, to a larger extent, Swiss Franc are not following the selloff much. Commodity currencies are trading broadly higher together with Sterling....
Bankers talk of being sold out as London waits for its own Brexit deal with Brussels
Despite a breakthrough last month, London-based bankers are nervously waiting for Britain and Brussels to agree on a post-Brexit relationship for their financial services industries. The U.K. and the EU agreed to continue talks and co-operation on financial services on...
The Fed could come under fire for easy policy while the economy soars and inflation rises
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters As the economy booms over...
Fed’s Mester lauds jobs report, but says loose policy is staying put
Loretta Mester, president and chief executive officer of the Federal Reserve Bank of Cleveland. David Paul Morris | Bloomberg | Getty Images March’s strong job gains weren’t enough to convince Cleveland Federal Reserve President Loretta Mester that it’s time to...
Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate
President Joe Biden talks to reporters on the South Lawn of the White House, in Washington, U.S., March 14, 2021. Cheriss May | Reuters President Joe Biden said Monday he is not worried that a plan to increase corporate America’s...
Signal2forex.com - Best Forex robots and signals




