Dollar Regains Control as Euro Recovery Fades, Strong ADP Job Gives an Extra Push
Dollar is back in control today and it’s trading as the second strongest one in early US session, next to Sterling. Stronger than expected ADP employment report, which showed 230k growth in September, gives the greenback an extra push. Sterling...
Euro Recovers on Italy Budget Rumor, Risk Aversion Persists in Asia
Euro recovers broadly today on new that the final version of Italy’s budget could be less worse than originally reported. More details could be published today and we’ll see how the common currency, as well as German and Italian yield...
Risk Aversion Dominates as Australian Dollar, Sterling and Euro Slide
Euro suffered heavy selling today as Italy and EU stepped up rhetorics on budget clashes. But even heavier selling is seen in Australian, New Zealand Dollar and Sterling. Steep decline in Hong Kong stocks hints that China markets will likely...
Euro Weakens as Italy on Track to Clash with EU on Budget, Aussie steady after RBA
Canadian Dollar remains firm on the USMCA trade deal but it’s waiting for fresh stimulus to extend rally against Dollar and Yen. Australian Dollar is also steady after RBA stands pat and published a neutral statement as widely expected. Meanwhile,...
Canadian Dollar Stays Firm on Trade Deal, Sterling Lifted by Brexit Rumor
Canadian Dollar remains the strongest one today as boosted by the new trilateral USMCA trade deal with US and Mexico. Meanwhile, Sterling is shot up by news that UK Prime Minister Theresa May is ready to make a new offer...
Canadian Dollar Soars as USMCA Trilateral Trade Deal Agreed Finally
Canadian Dollar surges broadly today as the an agreement, the USMCA is finally reached with the US to replace NAFTA. Riding on the last week’s post GDP rally, the Loonie is enjoying strong bullish momentum. The USMCA news further seal...
Dollar Higher on Hawkish Fed, Euro Dragged Down by Italy
Dollar rose broadly last week as markets received Fed’s hawkish rate hike rather week, despite initial hesitation. However, the greenback was just the second strongest, overshadowed by Canadian Dollar. Stronger than expected GDP data from Canada solidify the case of...
Euro Selloff Intensifies as Markets Response to Italy Budget Deficit Overwhelmingly Negative
A long list of economic data are released today. But the main focus is on Italy. The coalition government’s decision to target budget deficit at 2.4% of GDP for the next three years drew heavy criticism from EU. Also, financial...
Dollar Rally Continues as Focus Turns to PCE Inflation
The case for bullishness in Dollar continued to build up with yesterday’s rally. The greenback is now the strongest one for the week followed by Sterling. In particular, USD/JPY’s firm break of 113.17 resistance confirmed larger up trend resumption. Now,...
Dollar Extends Post FOMC Broad Based Rally, Euro Lower on Italy Budget Jitter
Dollar strengthens further and broadly, in early US session as post FOMC rally extends. As we aruged in prior report, there were hawkish elements in Fed’s projections and overall announcement should be Dollar positive. Today’s rally showed that this view...
Signal2forex.com - Best Forex robots and signals




