$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1845 Euro News With less than 50 days to go until the US presidential election, markets are tensing up ahead of the first debate between Democratic nominee Joe Biden and President Donald Trump on September 29. According to data from RealClearPolitics, the spread between the […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1753 Euro News The US Dollar was bearish against most of its major pairs on Wednesday with the exception of the CHF and EUR. On the US economic data front, the Mortgage Bankers Association’s Mortgage Applications declined 2.5% for the week ending September 11th, compared […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1863 Euro News The Euro has rallied a bit during the trading session on Monday again, but still faces significant headwinds near the 1.19 level. As you can see of the last couple of sessions, every time this market has gotten close to that level it has […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1890 Euro News The Euro has rallied a bit during the trading session on Monday again, but still faces significant headwinds near the 1.19 level. As you can see of the last couple of sessions, every time this market has gotten close to that level it has […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7313 AUD/US Dollar Exchange Rate Today’s Forex Rates Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 0.74. The projected lower bound is: 0.72. The projected closing price is: 0.73. Candlesticks A white body occurred (because prices […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.2822 British Pound News Although no change in monetary policy is expected from Thursday’s Bank of England (BoE) announcement fresh jitters are likely for the Pound. If policymakers demonstrate a greater sense of caution over the economic outlook this may give investors more reason to […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1846 Euro News The Euro to Dollar exchange rate went almost nowhere last week as Sterling’s losses, weakness in stock markets and European Central Bank (ECB) currency concerns scuppered Europe’s unified unit, which was last seen swimming out into deep water with ball and chains around both […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7282 Australian Dollar Outlook The key day in economic data this week will be Thursday with August’s job data. Economists are expecting a further slight rise in Australia’s unemployment rate. Also look out for the House Price Index on Tuesday and the Westpac Leading […]
#BREXIT #UK #EU $GBP $EUR $USD Fears of a no-deal BREXIT are back to haunt the UK financial markets. With the relationship between the EU and Britain reaching a new level of discord, investors hammered the GBP with an intensity that has not been seen since the height of the virus chaos in March. Money […]
$GBP #BREXIT #EUROPE #EU Britain’s government vowed on Friday to press on with troubled EU talks, despite rejecting an ultimatum to withdraw Brexit legislation that has sparked a rebellion from outraged Conservatives in its own ranks. Prime Minister Boris Johnson trumpeted a free-trade agreement with Japan — Britain’s first such pact since the country quit […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.2822 GBP/US Dollar Exchange Rate Today’s Forex Rates GBP/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Sideways. The projected upper bound is: 1.30. The projected lower bound is: 1.26. The projected closing price is: 1.28. Candlesticks A white body […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1836 Euro/US Dollar Exchange Rate Today’s Forex Rates Euro/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1.20. The projected lower bound is: 1.17. The projected closing price is: 1.18. Candlesticks A white body […]
$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 106.15 Japanese Yen News As if 2020 wasn’t already tumultuous enough, Shinzō Abe, Japan’s longest-serving Prime Minister, unexpectedly resigned on 28 August, citing health issues. Abe will remain in office until a successor is chosen by the country’s ruling Liberal Democratic Party (LDP). On […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7276 Australian Dollar Outlook The Australian Dollar US Dollar exchange rate is advancing for a second straight session on Thursday. The pair settled just shy of 1% higher in the previous session, at US$0.7282. At 13:15 UTC, AUD/USD trades +0.2% at US$0.73, at the […]
#dollar #inflation #Fed $USD $DXY $EUR $GBP $JPY The Buck has been on a slide since The China Virus arrived in the US and the change in the Fed’s approach to inflation is applying more Southside pressure on the dollar into the future. USD has depreciated over the course of the Summer, with the US […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.296 British Pound Outlook The British Pound has fallen nearly 0.75% against the U.S. Dollar and 0.5% against the Euro on Tuesday as the currency’s sell-off enters a second day, ensuring the key respective levels of 1.11 and 1.31 are breached. The Pound is in […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1777 Euro News The Euro to Dollar rally could be over and an Autumn capitulation that takes it back below 1.15 can’t be ruled out the entire time that Brexit trade talks are headed for the rocks and the European Central Bank (ECB) remains concerned about strength […]
Australian Dollar: AUD/USD (AUD=X) HEFFX Forecast and Charts By HEFFX Australia on September 7, 2020FacebookTwitterLinkedInEmailMore1 $AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7216 Australian Dollar Outlook The Australian Dollar US Dollar (AUD/USD) exchange rate traded lower on Tuesday. The risk sensitive Australian Dollar was out of favour and the safe haven US Dollar found […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1800 Euro News The Euro to Dollar exchange rate almost came undone last week and is widely expected to remain on the defensive ahead of Thursday’s policy decision from the European Central Bank (ECB), which has voiced concerns about the single currency’s strength and could now attempt […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7278 Australian Dollar Outlook The Australian dollar has fallen a bit during the trading session on Friday, only to turn around and form a bit of a hammer. At this point, it looks like we will continue to see a lot of buying pressure […]
#Fed #dollar #euro #yen $USD $EUR $JPY The Fed shift to a more tolerant stance on inflation will be a drag on the Buck for years and will raise hard questions about the role of central banking, challenging policymakers from Frankfurt to Tokyo. The Fed’s policy ‘tweak‘, unveiled on 27 August appears tailored to giving […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3275 British Pound Outlook The dollar rebound kicking in is a drag on GBP/USD near term. It is interesting to see that sterling has held up relatively well in the past couple of sessions (at least compared to the euro). Subsequently, the technical outlook on GBP/USD looks […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1846 Euro/US Dollar Exchange Rate Today’s Forex Rates Euro/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1.20. The projected lower bound is: 1.17. The projected closing price is: 1.19. Candlesticks A black body […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1804 Euro/US Dollar Exchange Rate Today’s Forex Rates Euro/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1.20. The projected lower bound is: 1.17. The projected closing price is: 1.18. Candlesticks A black body […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7314 AUD/US Dollar Exchange Rate Today’s Forex Rates AUD/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 0.70. The projected upper bound is: 0.74. The projected lower bound […]
$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 31.18 Outlook The Thai baht declined after the nation’s finance minister unexpectedly quit less than a month into the job, injecting uncertainty into an economy devastated by the coronavirus pandemic. The currency declined as much as 0.8%, the most since July, to 31.301 against […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3380 British Pound Outlook The British manufacturing sector continues to gain steam. The Manufacturing PMI has accelerated for four successive months, rising to 55.2 in August, up from 53.3. This points to significant expansion. There was other positive news out of the UK on Tuesday. […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1921 Euro Outlook The euro neared the $1.20 mark on Monday after it scaled another 28-month high and the dollar slipped to a multi-year low as investors bet the Federal Reserve’s policy framework meant U.S. rates would stay low for longer. The euro reached $1.1997 […]
$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 30.95 Outlook When new Bank of Thailand (BoT) Governor Sethaput Suthiwart-Narueput assumes his post on October 1, one of his first crucial challenges will be how to deal with the kingdom’s strong currency, the baht. In 2019, the baht appreciated 9% against the dollar, […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3406 British Pound Outlook GBP to USD analysis shows that the pair has staged a major technical breakout, and may start to rally towards the 1.3500 resistance area. GBP/US Dollar Exchange Rate Today’s Forex Rates GBP/US Dollar FX Polls Economic Events Technical Indicators Overall, the […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1956 Euro Outlook EUR to USD analysis shows that the pair could be preparing to rally towards the 1.2200 level. Bulls need to break above the 1.1965 level to stage the next major push higher. Euro/US Dollar Exchange Rate Today’s Forex Rates Euro/US Dollar FX […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3353 British Pound Outlook The Pound-to-Dollar rate has broken higher from a narrow August range and is now targeting December’s election rally highs amid an unravelling of the U.S. greenback, although lingering Brexit uncertainties, U.S. economic resilience and the oversold nautre of the Dollar could […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1919 Euro/US Dollar Exchange Rate Today’s Forex Rates Euro/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1.21. The projected lower bound is: 1.18. The projected closing price is: 1.19. Candlesticks A white body […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7369 AUD/US Dollar Exchange Rate Today’s Forex Rates AUD/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.75. The projected lower bound is: […]
$USD #CORONAVIRUS #COVID19 US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed range,” according to new data released Friday. Separately, Coca-Cola and MGM Resorts became the latest major companies to announce massive layoffs as […]
$GBP #UK #GBP #CORONAVIRUS Britain’s government on Friday urged people to return to work amid concern about the impact of the coronavirus lockdown on the economy and struggling high street businesses. “It is now safe to go back to work,” Transport Secretary Grant Shapps told Sky News television in an interview. “I think there’s a […]
#canada $CAD #coronavirus Canada’s economy shrank at a record annualized pace of 38.7 percent in the second quarter as a nationwide pandemic lockdown closed businesses and curtailed spending, the government statistical agency said Friday. Declines were recorded across the board including in consumer spending, business investment, trade and tourism — in line with analyst forecasts, […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3198 GBP/US Dollar Exchange Rate Today’s Forex Rates GBP/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. The projected upper bound is: 1.34. The projected lower bound is: 1.30. The projected closing price is: 1.32. Candlesticks A black body […]
27 million people are still receiving some form of government assistance The new estimate shows GDP collapsing at an annualized rate of 31.7 percent Trump styled tax cuts will be essential in lifting the economy and at this stage the election of a high tax Biden Government would spell disaster for the USA. “I contend […]
The US central bank rolled out a major policy change on Thursday that gives greater weight to its mission of maximizing employment for the benefit of lower income families, while ratcheting back its emphasis on fighting inflation. The effect will be a continued weakening of the USD and an increase in the value of Gold. […]
#Dollar #Gold #Silver #Market $USD $DXY $XAU $GLD $XAG $SLV When the C-19 coronavirus chaos began to make its negative influences felt throughout the financial markets, global investment trends in the US currency emerged as a primary safe-haven beneficiary. As a result of the risk-off trends in market sentiment, .DXY was driven to its highest marks […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1812 Euro News The EUR/USD pair is little changed ahead of an important speech by Jerome Powell, the Fed chair. The pair is also reacting to better economic data from the United States. It is trading at 1.1800, which is in the same range it has been […]
$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 106.70 Japanese Yen News Despite there being plenty of noise over the past week for currency markets, most lie in the middle of their two-week ranges this morning. Notably, EUR/USD, USD/CHF, USD/JPY and AUD/USD amongst the major currencies, seem to be waiting for a […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7265 Australian Dollar News China’s Industrial Profits surged by 19.6 Percent, but AUD/USD hardly reacted to the news. The pair posted higher highs and lows this week and is now targeting the 2019 high of 0.7295m helped by the lower than expected decline in […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3209 GBP/US Dollar Exchange Rate Today’s Forex Rates GBP/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.34. The projected lower bound is: 1.30. […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1794 Euro News FX traders can find clues on the EUR/USD outlook from the FX options market, given its forward-looking nature and focus on volatility and direction. Implied volatility gauges future actual volatility and is key to option premiums – it’s higher in very short-dated […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7195 Australian Dollar News The Australian Dollar US Dollar (AUD/USD) exchange rate is trading higher, extending gains for a second session. The pair settled on Wednesday +0.46% at US$0.7194. At 14:00 UTC, AUD/USD trades +0.25% at US$0.7214. This it at the upper end of […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7195 Australian Dollar News The Australian Dollar US Dollar (AUD/USD) exchange rate is trading +0.3% higher as the US session progresses. The pair remains with the familiar range of US$0.7150 – US$0.7250 which it has traded in across the past month. A willingness shown […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3092 British Pound News The Pound US Dollar (GBP/USD) exchange rate dived -0.95% on Friday, wiping out gains for the week. The pair settled flat across the week at US$1.3087 and remains at that level as the new week begins. Whilst fears of a no trade […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1794 Euro News The Euro rallied a bit during the trading session on Monday, as we get back to work from the weekend. This kicked off the week on a slightly positive tone, which is particularly interesting considering that we have the Jackson Hole Symposium coming later […]
$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 105.70 Japanese Yen News USD/JPY held steady-to-lower levels and should remain above big options expiries at 105 before Jerome Powell’s policy speech on Thursday , but it could fall below there if the Fed chair’s economic view darkens enough to rekindle negative-rates speculation. Weighing […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7162 Australian Dollar News The AUD offered little to excite investors through trade on Monday, maintaining a narrow range and bouncing between 0.7150 and 0.7205. With little headline data available to drive direction investors focus remained with broader risk flows choosing to chase positive […]
$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3092 British Pound News Looking ahead to the start of this week, the US Dollar (USD) could edge higher against the Pound (GBP) if the latest Chicago Fed National Activity Index rises higher than expected in July. Added to this, the Dollar could extend its […]
#USD #Gold #investors #debt #Fed $XAU $GLD $USD $DXY The reason USD became the world’s reserve currency is that America has had the largest, strongest steadily growing and conservatively financed economy and a stable political system anchored in the US Constitution. Yet for USD to continue to be valued, the world has to believe in it. […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1794 Euro News The Euro-to-Dollar exchange rate confirmed the end of its eight-week winning streak on Friday after IHS Markit PMI surveys surprised on the downside and in the process, helped condemn the single currency to a correction from two-year highs, which is expected to play out […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7162 Australian Dollar News The Aussie has been on a nice run as it touched on a 12 month high at 0.7269 earlier in the week, but has come down to open at 0.7160 this morning after sliding due to strong US PMI data. […]
#democrats #joebiden #economy The US Economy is doomed and will die at the hands of the Democrats. Democrats and their minions BLM and Antifa are already laying waste to several cities in the USA. Their Puppets attack everything in the name of one of many Minorities. Hope the US is gone. Should Trump win in […]
$TWTR $GOOG $MSFT #FRAUD #ELECTION Google, Microsoft, Reddit, Pinterest, Twitter and the corrupt FBI have had a series of meetings to aimed at defeating Trump. This is looking less like an election and more like a take over. Twitter on Friday said it is bracing for efforts by President Donald Trump or others to attack […]
#USA #ECONOMY $USD #STOCKS #GOLD Long term low Interest rates may have negative consequences, and may be indicative of a systemic issue as seen in the US Economy. One such consequence is housing prices consumers borrow consistently over a long period of time, the demand for houses is consistently high, raising its price as the […]
$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 105.70 Japanese Yen News The USD/JPY was trading in the red in the early US session, around 105.80 region – the lower end of its daily range. The pair had bounced up by around 100 pips yesterday from its monthly low but gave back […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets #ECB EuroTicker: EUR=Price: $1.1866 Euro News In the accounts of its July meeting, the ECB made some reference to the full use of the PEPP envelope that helped lift the euro. At the last meeting there were no changes to policy but the ECB did surprisingly say that […]
$EUR #Euro #USD #FX #Currencies #Trading #Markets EuroTicker: EUR=Price: $1.1838 Euro Outlook The pair has been on a bull run for the past eight weeks and is on track to post the longest weekly stretch of gains since 2004. FOMC minutes will have a significant impact on the EUR/USD in the coming days. Relative strength […]
$JPY #Japanese #Yen #USD #FX #Currencies #Trading #Markets Japanese YenTicker: JPY=Price: 106.12 Japanese Yen News Japan is an export-oriented country, which is well-known for its brands like Toyota, Honda, and Mitsubishi. However, in recent months, the country’s exports have been on a downward trend. According to the ministry of finance, exports declined by 19.2% to […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: $0.7186 Australian Dollar News On a day that the US dollar started to gain some strength against other major currencies, the Australian dollar continue to go slightly higher. That is a strong sign and tells you that the Australian dollar is going to be a force […]
$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 31.15 Outlook The Thai currency is expected to move between 31.08 and 31.28. On Monday night, the markets turned positive due to technology stocks. The S&P 500 and Stoxx Europe 600 rose by 0.3 per cent, near the highest point before the Covid-19 crisis. […]
$EUR #Euro #USD #Currencies #FX #Trading #Markets EuroTicker: EUR=Price: 1.1945 Outlook The euro continues to rise on a daily and weekly basis, despite rising evidence the market for the currency is ‘frothy’ by historical standards. Commitment of Traders (COT) data from the CFTC shows seven weeks on the trot of rising Euro-long positions. The implication is that […]
$JPY #Japanese #Yen #Currencies #FX #Trading #Markets Japanese YenTicker: JPY=Price: 105.11 Outlook USD/JPY slumps lower for the 3rd straight session to hit 2-week lows below 106 handle. The major was trading 0.36% lower on the day at 105.61 at around 10:15 GMT after closing 0.51% lower in the previous session. The greenback depressed amid continued […]
$AUD #Australian #Dollar #Currencies #FX #Trading #Markets Australian DollarTicker: AUD=Price: $0.7249 Outlook AUD/USD may attempt to grasp the January 2019 swing-high ledge at 0.7295 as the pair continues to add onto its +20 percent rise since bottoming out in March. Clearing that ceiling with follow-through may open the door to retesting another multi-month top at […]
$EURUSD #EURO #DRAGHI Former European Central Bank chief, and one of the architect’s of Europe disaster Mario Draghi, made a hollow call on European governments on Tuesday to ensure the colossal amounts of debt countries are running up in the wake of the coronavirus pandemic are invested in upgrading their economies so that future generations […]
$EUR #Euro #USD #Currencies #FX #Trading #Markets EuroTicker: EUR=Price: $1.1876 Euro News The recent rally that the EUR to USD pair has experienced is at risk of reversal amid a lack of clear conviction among the bulls to bid the pair past the 1.1870 – 1.1880 resistance band. The EUR/USD can now enter a consolidation […]
$GBP #BritishPound #Pound #USD #Currencies #FX #Trading #Markets British PoundTicker: GBP=Price: $1.3111 British Pound News Sterling continues to consolidate after the two big weekly gains at the end of July over the dollar. Last week the exchange rate rose 0.25% but that followed a -0.28% decline the week prior. In July the dollar index had […]
#Thailand #economy #stimulus #coronavirus Thailand’s economy suffered its biggest annual contraction since the 1998 Asian financial crisis in Q-2 due to the fallout of the coronavirus chaos, prompting the government to slash its GDP forecast for the year and announce more stimulus Data from the state planning agency showed a 100% fall in foreign tourism […]
#covid19 #coronavirus #usa The US economy continues to regain ground as the coronavirus crisis drags on, with retailers and manufacturing posting gains, but new data Friday show progress is slowing and continued recovery is in doubt amid a political stalemate over a new aid package. Economists warn that the massive money printing approved by Congress […]
$BTC #Bitcoin #Crypto #Cryptocurrencies #FX #Trading #Markets BitcoinTicker: BTC=Price: $11728.02 News One thing’s for sure: you don’t want to put a large portion of your capital into cryptocurrencies. They’re speculative and volatile, and there’s absolutely no guarantee that they’ll go up in value. That being said, Bitcoin’s recent price action is highly encouraging. Bitcoin was […]
#singapore #coronavirus #covid19 $SGDUSD Singapore’s virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country’s first recession in more than a decade was deeper than initially estimated, official data showed Tuesday. The outlook for the Singapore dollar is now very negative. Tough curbs within the city state to contain […]
$BTC #Bitcoin #Target #Crypto #Cryptocurrencies #Trading BitcoinTicker: BTC=Price: $12.060 News Yesterday, buyers retested the $12,000 resistance zone twice but were repelled. Buyers are not reaching the $12,000 price level. The king coin has been facing rejection at the $11,800 resistance since August 5. Analysts believe that once the $12,000 resistance is breached; a further upward […]
Republican or Democrat, it makes no difference Americans are addicted to free money and it will end badly. President Donald Trump on Saturday signed executive actions extending financial relief to Americans hit by the coronavirus pandemic as polls showed a large majority of voters unhappy with his handling of the crisis. The four measures marked […]
$EURUSD #Euro #USD #Currencies #FX #Trading EuroTicker: EUR=Price: 1.1791 News EUR/USD’s rally may have run out of steam and a multi-month high of 1.1916 reached on Thursday may turn out to be an interim top, technical studies indicate. The daily chart shows a bearish divergence of the relative strength index and slow stochastic. A bearish […]
As the competition in the FX industry is heating up, and the market becomes more saturated, sales and marketing managers must invent new ways of attracting prospects and leads. New AI-backed marketing campaigns, advanced sales strategies, pushing the network of affiliates are ideas, which more often pop up during long and stressful weekly meetings. What […]
Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]
1984 A man’s nightmare was turned into one of the biggest futuristic selling novels of all time. As 1984 by George Orwell was written in 1948, it makes the book even more interesting. This man had a prophecy he believed in so much, he wrote a book, and here we are today with his predictions […]
$EUR #Euro #FX #Currencies #Trading The EUR/USD pair has surged to 1.1915 this Thursday, its highest in two years, amid persistent dollar’s weakness. The market’s mood turned sour throughout the first half of the day, giving the dollar a brief intraday respite. however, the pair is ending a third consecutive day with gains a handful […]
Whatever you think you know about markets, the pandemic is not a predictable Global event, it is an uneven and erratic chain of events that have more to do with Governments and fear then reality. Some sectors are doing well, lots of money is being printed and this is a time for extreme caution and […]
Turkey’s lira on Thursday set a new record low against the US dollar as investors worried about the government’s economic policies and dollar reserves appeared to be running low. The lira was trading at 7.28 against the greenback around 1030 GMT, suffering a loss of more than 3 percent since the start of the day […]
Car registrations in Germany showed this year’s smallest monthly drop in July as buyers took advantage of a temporary cut in value added tax, figures released Wednesday showed. Registrations fell by only 5.4 percent in July, improving significantly from the precipitous drops of 32 percent in June, 50 percent in May and 61 percent in […]
The BBVA Research team published its economic analysis of the drop in gross domestic product for second quarter 2020, noting it is the steepest decline in over-the-quarter growth since 1937, in the aftermath of the Great Depression. As noted in the published analysis, the GDP dropped by 32.9 percent on an annualized basis and has […]
Economic activity in the Services sector (formally non-manufacturing sector) grew in July for the second month in a row, say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey […]
Stock markets on both sides of the Atlantic climbed on Wednesday after a mixed Asian showing, with hopeful traders tracking talks on a key US stimulus package. Uncertainty about the global economic outlook caused by the coronavirus pandemic meanwhile caused investors to hedge their bets, helping gold to fresh highs day after the haven asset […]
The dollar has been hammered over the past month, losing 5.5% against the Euro and 4.5% against a basket of currencies reflected by the dollar index. The declines come as economic data continues to show that the US economy is contracting. US GDP contracted in the Q2 the most in its history, which has allowed […]
Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. The GDP […]
#USA #COVID19 #Economy Ratings agency Fitch on Friday downgraded the outlook for the United States to negative from stable, warning of high debt and deficits made worse by the coronavirus downturn. “The outlook has been revised to negative to reflect the ongoing deterioration in the US public finances and the absence of a credible fiscal […]
The -12.1% Q-o-Q growth rate is the worst ever recorded and a pretty difficult one to interpret. It is a shocking drop, but completely understandable as the economy was shut for a considerable period during the quarter. It, therefore, doesn’t tell us all that much about the general state of the economy, which is usually why […]
The Canadian economy rebounded in May, posting growth of 4.5 percent as activity bounced back following two months of sharp declines due to the coronavirus pandemic, the government said Friday. The recovery is likely to continue in June, according to Statistics Canada, which currently forecasts a 5.0 percent monthly expansion. The virus crisis and measures […]
#Dollar #rates #yields #C19coronavirus $USD $DXY $EUR $GBP $JPY EUR rose the most in a decade in July, the GBP marked its best July since Y 1990, and for the 1st time this year, every major currency in the world rose against the Buck. It is all thanks to the USD’s 4.6% dive, its biggest […]
France’s economy slumped a record 13.8 percent in the second quarter as businesses bore the brunt of a strict coronavirus lockdown that slammed consumer spending, the INSEE statistics agency said Friday. The seasonally-adjusted drop in gross domestic product (GDP) from the first quarter was not as steep as many analysts had expected, but worse than […]
$USD $GOLD #ECONOMICS #USA #POLITICS #COVID19 Facing the second recession in just over a decade and with Congress locked in debate over a new emergency spending package, the Federal Reserve will seek a way to put some guardrails on the US economy. As we suggested early in the pandemic, the worst may not come till […]
The US Federal Reserve will extend the Money printing madness, the $USD will fall, $GOLD will rally and Stocks will be artificially held high, the wealth gap will widen, business as usual in modern America. The US Federal Reserve opened a two-day policy meeting on Tuesday amid signs of waning consumer confidence and with Congress […]
US consumer confidence deteriorated in July as the coronavirus pandemic intensified, with the short-term outlook for business conditions, earnings and employment all worsening, according to a key survey released Tuesday. The Conference Board research firm said its consumer confidence index fell to 92.6 from 98.3 in June, worse than analysts expected amid a surge in […]
#USA #ECONOMY The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in […]
#gold #silver #dollars #currencies #risk #Fed #interestrates #USChina $XAU $GLD $XAG $SLV $USD Spot gold topped 1,900oz for the 1st time since September 2011 and edged closer to an all-time high with flaring geopolitical tensions and concern over global growth driving demand for save-haven assets. Gold marked a 7th wkly gainer, the longest run since […]