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Forex investments
USD / CAD updated daily lows below 1.2540

USD / CAD updated daily lows below 1.2540

USD/CAD preparing to close in the red zone for the 2nd day in a row. Canada has published a very strong labor market report. Index USD is trading slightly higher around 92.20. Earlier today, USDCAD…

Forex investments
Federal Reserve Bank of Atlanta downgraded forecast for US GDP

Federal Reserve Bank of Atlanta downgraded forecast for US GDP

Federal Reserve Bank of Atlanta: forecast for US GDP for the 1st quarter. + 6% versus 6.2% estimate from April 7 The main driver of the forecast revision was the data on wholesale inventories and…

Forex investments
The USD / CHF approaches the target – Analysis – 09/04/2021

The USD / CHF approaches the target – Analysis – 09/04/2021

The USDCHF pair continues to decline to gradually approach our waited target at 0.9210, falling under continuous negative pressure coming by the EMA50, to support the continuation of the expected bearish trend for the upcoming…

Forex investments
bulls are cautious but don’t give up

bulls are cautious but don’t give up

As Valeria Bednarik, chief technical analyst at FXStreet writes, commenting on the current technical situation in AUD / USD, the pair is finishing the second week in a row almost flat, at 0.7650, continuing to…

Forex investments
inflation around 2% is still the target of the Central Bank

inflation around 2% is still the target of the Central Bank

As Reuters reports, Dallas Fed President R. Kaplan said during an ongoing speech: I would not want the Fed by its actions to create obstacles to the Treasury market As soon as the pandemic is…

Forex investments
FOREX Analysis.  Stock market winning streak persists

FOREX Analysis. Stock market winning streak persists

‘Opposite week’ in currencies It’s been an eventful week for currency markets, with the trends that dominated earlier in the year going into reverse. In the first quarter, investors became confident the Fed would raise…

Forex investments
S&P 500 Index Opened Flat Near 4100

S&P 500 Index Opened Flat Near 4100

Today, the key US stock indexes opened in different directions, but generally close to the closing levels of the previous session. Risk interest seems to be declining amid the recovery in Treasury yields. At time…

Forex investments
Technical Analysis – USD / CAD’s positive impetus curbed by 50-day SMA and cloud

Technical Analysis – USD / CAD’s positive impetus curbed by 50-day SMA and cloud

USDCAD is struggling to tick higher after its recent positive propulsion off the 37½-month low of 1.2365. The descending simple moving averages (SMAs) are imposing the predominant bearish bias. Additionally, the fairly neutral demeanour of…

Forex investments
USD / CAD updates session lows

USD / CAD updates session lows

Couple USD/CAD finds it difficult to continue to rise above 1.2600 Canada Employment Report Supports Loonie Growth in Treasury yields and USD, the fall in oil prices may limit the fall of the pair USD…

Forex investments
Technical Analysis – GBP / USD plunges below 1.37

Technical Analysis – GBP / USD plunges below 1.37

GBPUSD is plummeting beneath the 1.3700 round number and it touched again the seven-week low of 1.3670 today. The short-term moving averages are pointing all down suggesting more losses, while the technical indicators are extending…