Fed’s Bullard doesn’t see asset bubble and doubts policy will tighten soon
St. Louis Federal Reserve president James Bullard said Tuesday that he doesn’t see a bubble in asset prices and doubts the central bank needs to start tightening policy anytime soon. With prices surging in the stock market and in alternative...
Dollar Strikes Back on Surging Yields, Gold Tumbles
Dollar is striking back today with some help from surging US yields. At the time of writing, 10-year yield is trading above 1.25 handle. Additionally, much stronger than expected manufacturing is support the greenback too. While European stocks are treading...
RBA Indicates Support to Continue
The Australian dollar has posted slight gains on Monday, continuing the trend we saw at the end of the last week. Currently, AUD/USD is trading at 0.7777, up 0.20% on the day. RBA minutes indicate QE will be prolonged There...
EURJPY Optimistic After Break Above 127.49
EURJPY overcame the key 127.49 barrier yesterday but is marginally struggling to extend gains ahead of the 128.38 level, which happens to be the 123.6% Fibonacci retracement of the down leg from 127.06 until 121.61. The upward sloping Ichimoku lines...
Euro Weak With Dollar in as Stock Surge Further, Looks into German ZEW
Overall developments in the markets are unchanged as strong risk-on sentiments continue. Yen is currently the worst performer by a mile. Dollar, Euro and Swiss Franc are following behind. Sterling continue to stay strong together with commodity currencies. A focus...
Asian Open: Firmer Asian GDP And Vaccine Rollouts Buoy Sentiment
The global vaccine rollout and stronger GDP across Asia retained a positive tone for equity markets, sending the yen lower and the Nikkei to a 30-year high. Japan’s GDP (growth domestic product) surprised to the upside in Q4 on Monday,...
Dow futures rise 250 points as stocks look to add to record levels
Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose in extended trading Monday evening after finishing...
Strong Canada Data Boosts Loonie
The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2643, down 0.40% on the day. It has been a busy start to the week for Canadian fundamentals, after just one event last week. The numbers...
Sterling Surges as Johnson Promises Lockdown Exit Roadmap, Strong Risk-On Sentiment Continues
Strong risk-on sentiments continue today even though US and China are on holiday. Dollar and Yen are both suffering heavy selling pressure, more so the latter. Sterling is leading the way up as Prime Minister Boris Johnson promised to detail...
Oil Rally Continues
On Monday, February 15th, Brent is moving upwards after an unsuccessful correction. The asset is trading at $63.62, the highest level since January 23rd, 2020. The key reason why investors continue buying oil is their assurance that the demand for...
Signal2forex.com - Best Forex robots and signals




