Escape Velocity
The US dollar re-emerges following an abruptly drop Tuesday as Treasury yields reversed. The quick loss of dollar altitude raises questions about the sustainability of any dollar bid. Fed talk continues to dominate the schedule. The 2-way EURUSD trade for...
US: Prices at the Pump Lifted Headline Inflation in December, While Core Inflation Remained Subdued
TD Bank Financial Grouphttp://www.td.com/economics/ The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness...
Oil Drives Higher, Gold Retreats, Bitcoin In Recovery
Oil rally continues but may face resistance soon Oil’s relentless rally is continuing, with crude prices up roughly 1.5% today, making fresh highs since the pandemic plunge. The rally will run into stronger resistance soon enough but a softer dollar...
US: Small Business Confidence Weakens Further in December
TD Bank Financial Grouphttp://www.td.com/economics/ The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness...
Will The Fed Be In The Position To Slow Asset Purchases Before The End Of The Year?
Markets It was correction time yesterday on (parts) of global markets. Equities and (some) commodities fell prey to what we for now still consider a profit taking move on the recent protracted rally. Investors are pondering how much stimulus and...
Euro Skid Hits 3-Week Low on US Yields
The euro slide has continued on Monday, as EUR/USD has fallen for a third straight day. Currently, EUR/USD is trading at 1.2145, down 0.62% on the day. US dollar flexes muscle The markets have become accustomed to the US dollar...
Asia Stock Markets Slightly Higher
Equity markets paint a mixed picture Asian markets had a positive start this morning, but those rallies have quickly given most of those gains back after the US said its ambassador to the UN would meet with Taiwan’s President. Another...
Weekly Economic and Financial Commentary: Slow Start to 2021
U.S. Review Slow Start to 2021 The manufacturing sector is showing a great deal of resilience, with the ISM Manufacturing survey exceeding expectations, at 60.7, and factory orders remaining strong. The service sector is also showing a great deal of...
The Weekly Bottom Line: A Turbulent Start To A Hopeful Year
U.S. Highlights Unprecedented events rocked the U.S. Capitol this week. Ultimately, Congress certified Joe Biden as the next President and President Trump agreed to a peaceful transition of power. The Democrats took control of the Senate by prevailing in both...
Forward Guidance: Virus Resurgence Will Temper Optimism Among Canadian Businesses
We look for the Bank of Canada’s quarterly Business Outlook Survey (BOS) to reiterate that the near-term economic background remains challenging albeit more for some businesses than others. The survey was likely collected from mid-November to mid-December as virus containment...
Signal2forex.com - Best Forex robots and signals




