USD Gains As Yields Rise
The USD tended to gain against a number of its counterparts yesterday, while US stockmarkets displayed sharp drops as USD enjoyed safe haven inflows and USD buyers were also encouraged by the rise of the US yields. Its characteristic of...
Australian Dollar Flirting with 80
The Australian dollar has posted slight gains on Thursday. Currently, AUD/USD is trading at 0.7976, up 0.011% on the day. Australian dollar crosses into 80 territory The Australian dollar has been on a tear, racking up gains of 4.3% in...
With Powell Out the Way, Dollar Turns to Data Barrage
The testimonies by Fed chief Powell before Congress confirmed the central bank won’t overreact to any inflation episode but didn’t reveal anything new. The spotlight now falls on the next batch of US data at 13:30 GMT Friday. The dollar...
Just Like The Good Old Days: Yields, Stocks, Commodities, And USD/JPY All Higher!
Things seem like they are back to normal, regardless of Jay Powell says: Higher stocks, higher yields, higher USD/JPY higher, higher Crude. They all seem to be acting in harmony with one another, just like the old days! With a...
GBP/USD: The #1 Most Important Factor Powering Cable’s Relentless Rally
Through a global pandemic, Brexit, US political upheaval, and countless other storylines, there has been one constant in the FX market over the past 6-12 months: A relentless bid for GBP/USD. After bottoming near 1.1500 as COVID fears peaked last...
Resolute – Review Of The RBNZ Monetary Policy Statement, February 2021
As expected, the RBNZ left all monetary policy settings unchanged today. The RBNZ resolutely expects to keep policy stimulatory for an extended period. Inflation is rising right now, but the RBNZ thinks this is temporary. The RBNZ wants to see...
Weak Retail Sales Cool off NZ Dollar
The New Zealand dollar has posted small gains in the Tuesday session. Currently, NZD/USD is trading at 0.7313, down 0.22% on the day. Retail Sales slide The New Zealand economy has looked strong, with most key indicators pointing upwards. However,...
The US Dollar Continues To Fade
Cyclical rotation pushes dollar down The US dollar found no solace in higher longer-end bond yields overnight, likely because the move was mirrored to some extent among other developed market currencies. The greenback suffered as the cyclical rotation into global...
Euro Starts Week with a Yawn
The euro has posted small gains in the Monday session. Currently, EUR/USD is trading at 1.2127, down 0.11% on the day. German Business Climate improves German data started the week on a positive note. The Ifo Business Climate improved to...
GBP/USD Holds Above 1.40 As UK Prepares For Lockdown Easing
The pound remains on the front foot ahead of Boris Johnson’s highly-anticipated speech to unveil ‘cautious’ plan to lift England’s lockdown. Much of the details have already been leaked ahead of a news conference at 19:00 GMT. So, the announcement...
Signal2forex.com - Best Forex robots and signals




