Aussie Follows Stocks Higher, Steady after RBA
Australian Dollar strengthen mildly today following recovery in the stock markets. It remains steady after RBA left monetary policy unchanged as widely expected. Rally in oil price, with WTI crude oil up 6.5% at 21.7, is helping sentiments in general,...
Stocks making the biggest moves after hours: Chegg, Hertz, L Brands and more
Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Check out the companies making headlines after the bell. Shake Shack — The burger chain’s stock whipsawed in extended trading after the company provided its first-quarter earnings. Shake Shack said it had...
Copper Futures Bullish Correction Under Strain
Copper futures’ correction seems to be faltering below the 50-day simple moving average (SMA) and under the 2.3175 level – that being the 38.2% Fibonacci retracement of the down leg from 2.8819 to 1.9684 – as it edges in the...
RBA to Keep Policy Unchanged But Forecasts May Rattle Aussie
The Reserve Bank of Australia will announce its latest policy decision on Tuesday (4:30 GMT) and is not anticipated to make any changes to the cash rate or its quantitative easing (QE) program. But as one of the newest members...
Euro Weighed Down by Sentiment Indicators, Markets in Mild Risk-Off
US-China tension continues to be a major theme today, driving global stocks and US futures down. Developments are happening on many fronts. There will be proposed law changes to allow private entities to sue China for coronavirus damages. Investment of...
US 500 Index Stalls after Fading ahead of 2,986 Border
US 500 stock index (Cash) is inactive at the 2,789 level, that being the 50.0% Fibonacci retracement of the down leg from the all-time high of 3,396.64 till the 2,183.95 low. The price appears stuck between the lower Bollinger band...
US Futures Continue to Fall, Watch BRK/B, TSN, QCOM, HON
The S&P 500 Futures remain on the downside after they slid for a second session on Friday, pressured by lower share prices of technology giants. Also, U.S. President Donald Trump said on a Fox News interview that China “made a...
BOE to Keep Stimulus Measures Unchanged in May. Could Announce QE Extension in Coming Two Months
We expect BOE to leave both the policy rate and other liquidity expansion measures unchanged this week. Despite government’s plan to ease lockdown measures amidst stabilization of coronavirus cases, the process will be gradual. Meanwhile, social distancing measures will remain...
Gold has ‘growing potential’ to break $1,800 an ounce, says UBS
A mark of 999.9 fine sits on hallmarked one kilogram gold bullion bars at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Stefan Wermuth | Bloomberg | Getty Images Gold prices could “break the highs”...
Markets in Defense on US-China Tensions, Dollar and Yen Higher
Yen and Dollar trade generally higher in Asian session today. Trading is relatively subdued with Japan and China on holiday. Yet, the theme of US-China tension drives some risk-off moves. May didn’t start well as investors seemed to be rushing...
Signal2forex.com - Best Forex robots and signals




