The US Dollar may continue to gain ground against its major counterparts in the short term, as a noticeable pickup in inflations fuels bets that the Federal Reserve will taper its bond purchasing s…
Archiv für den Monat: Februar 2021
Oil Price Rally Buoyed by Signs of Stronger Demand and Subdued Supply
The price of oil trades to fresh yearly highs as the decline in crude inventories boosts the outlook for consumption while US output sits at its lowest level since 2018.
Australian Dollar Forecast: S&P 500 Gains Fail to Inspire, Why the Struggle?
The growth-linked Australian Dollar lost some ground despite a rising S&P 500 as the US Dollar received a boost from rising Treasury yields. This dynamic remains important to watch ahead.
GBP/USD Weekly Forecast: EUR/GBP Bearish Breakdown, More GBP Gains Ahead?
GBP rallies as BoE says no to negative rates , EUR/GBP bearish breakdown.
Forexlive Americas FX news wrap: US jobs report is weak, and the dollar falls
Forex news for North American trading on February 5, 2021
It was unemployment day in the US and Canada, and both reports came in weaker than expectations:
It was unemployment day in the US and Canada, and both reports came in weaker than expectations:
Stocks end a solid week with gains today
NASDAQ index leads the way
The major US stock indices are ending a solid week with gains across the board. Of the big 3 indices, the NASDAQ led the way. However, the Russell 2000 have the largest gains at 1.27%.
The major US stock indices are ending a solid week with gains across the board. Of the big 3 indices, the NASDAQ led the way. However, the Russell 2000 have the largest gains at 1.27%.
CFTC commitments of traders: EUR long position trimmed but still the largest speculative position.
Weekly forex futures positioning data from the CFTC for the week ending Tuesday, February 2, 2021
– EUR long 137K vs 163K long last week. Longs trimmed by 26K
– EUR long 137K vs 163K long last week. Longs trimmed by 26K
Not a lot of key data next week
US CPI Wednesday. Fed chair Powell speaks in New York
On Monday.
On Tuesday,
On Wednesday,
On Thursday,
On Friday,
the US treasury will auction off 10 year and 30 year bonds on Wednesday and Thursday
On Monday.
On Tuesday,
On Wednesday,
On Thursday,
On Friday,
the US treasury will auction off 10 year and 30 year bonds on Wednesday and Thursday
IMG Georgieva: US has fiscal space to take further action to support economy
IMF Georgieva speaking
Häusermarkt: Britischer Immobiliensektor legt trotz Corona deutlich zu
Die Corona-Pandemie hat die britische Wirtschaft in Mitleidenschaft gezogen. Der Häusermarkt bleib davon verschont – doch das könnte sich bald ändern.