European Open: RBA Hold, Gold Bulls Eye Break Of 1800
The RBA held interest rates at 0.1% and announced they will discuss whether to retail their 3-yr bond target. And gold appears poised to break above 1800 as bulls square up to this milestone level once more. Asian Indices: Australia’s...
Euro Rebounds on Superb German Retail Sales
The euro is in positive territory on Monday. In the North American session, EUR/USD is trading at 1.2050, up 0.43% on the day. Germany, the eurozone’s largest economy, impressed with a Retail Sales report for March that crushed the consensus....
Dollar Gets A Second Wind Ahead Of ISM Data
Taper talk, mild risk aversion, and month-end flows reawaken the dollar Wall Street takes a minor hit but after a fantastic month All eyes on ISM survey today and RBA rate decision afterward Dollar strikes back A battle of narratives...
Weekly Economic & Financial Commentary: U.S. Recovery Is Well on Its Way
Summary U.S. Review: U.S. Recovery Is Well on Its Way The U.S. economy expanded at a rapid clip in the first quarter and incoming data continue to paint a picture of an economic recovery gaining momentum. The public health situation...
The Weekly Bottom Line: The Loonie’s Rise
U.S. Highlights America’s economic recovery picked up steam at the start of 2021, with growth accelerating to 6.4% (annualized). Growth was powered by consumption, which expanded by 10.7% (annualized). President Biden unveiled the American Families Plan this week. The plan...
Week Ahead: Central bank Recap/Preview, the Recovery, and Jobs
More central banks this week with the RBA and BOE up next This weekend begins the month of May, and brings holidays on Monday in the UK, China, and Japan. With a busy week to end April, including an extremely...
Week Ahead – RBA to Stand Pat but BoE Might Taper; Can a Bumper NFP Excite after Dovish Fed?
The central bank theme will continue over the next seven days with policy meetings by the Reserve Bank of Australia and Bank of England. The RBA will probably maintain some caution after weak inflation figures but there is some speculation...
Forward Guidance: Canadian Job Recovery to Take a Step Back in April
Canadian employment likely pulled back in April as virus containment measures were re-imposed in parts of the country. We expect an 85k drop, heavily concentrated in another round of job losses in the retail and hospitality sectors. That would still...
RBA Board to Hold Policy Steady – Lower Unemployment Forecasts
The Reserve Bank Board meets next week on May 4. That will be followed by the May Statement on Monetary Policy which will print on May 7. This could be quite an important meeting. In recent times the meetings which...
Dollar Set For Big Monthly Losses, Stocks Struggle For Direction Again
Dollar steadier but month-long rout probably not over yet, yen firmer too S&P 500 closes at another record high but stocks slip today amid some jitters Copper soars past $10,000 a tonne, oil moderates after boost from upbeat US GDP...
Signal2forex.com - Best Forex robots and signals




