EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! ● Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases to the federal funds rate. Following disappointing consumer confidence reports, weak ADP labour market data, and a slowdown in
Share: USD/MXN trades at 17.1222, up by 0.56%, recovering from a daily low of 16.9699. US Nonfarm Payrolls for August meet expectations, but the Unemployment Rate rise spurred an initial drop in USD/MXN. ISM Manufacturing PMI shows signs of improvement, helping the USD recover. The American Dollar (USD) recovered some ground against the
Monday is Labor Day in the United States and Canada so the stock, bond and futures markets will be closed while the FX market will be severely thinned. The economic calendar is bare and I wouldn’t expect too much drama. Remember: Safety first in the forex market لینک منبع : هوشمند نیوز
Share: XAU/USD rose to a daily high of $1,952 and then got rejected by 100-day SMA, retreating to $1,940. US yields initially dropped after mixed US NPFs but recovered after strong US ISMs from August. At the end of the week, the Gold spot price XAU/USD erased daily gains, retreating towards the $1,940
EURCAD daily Goldman Sachs maintains its recommendation for a short position in EUR/CAD with a target of 1.42 and a stop at 1.50. The rationale behind this trade is largely based on the resilience of the U.S. economy and the potential for upside in the Bank of Canada’s monetary policy. Key Points: Strategic Focus: Goldman
﴾1402/06/10 13:13:31 S.H.GMT﴿EA:SM01Forex predicted:97%Scalp∫D1→Buy≈دتماد(Rank↓=67%-Weighted ave.=97%) لینک منبع : هوشمند نیوز
United States Baker Hughes US Oil Rig Count remains unchanged at 512 لینک منبع : هوشمند نیوز
SPX weekly chart Closing changes: S&P 500 +0.2% DJIA +0.3% Nasdaq Comp flat Russell 2000 +1.0% Toronto TSX Comp +1.2% Weekly: S&P 500 +2.5% DJIA +1.4% Nasdaq Comp +3.2% Russell 2000 +3.6% Toronto TSX Comp +3.5% There were some larger divergences with energy leading the way today behind a 2.0% rise in the XLE ETF.
﴾1402/06/10 14:03:16 S.H.GMT﴿EA:SM01Forex predicted:91%Scalp∫M3→Buy≈سشرق(Rank↓=59%-Weighted ave.=91%) لینک منبع : هوشمند نیوز
© Reuters. Investing.com– Most Asian currencies moved little on Thursday as markets weighed weak economic data from China against growing bets that the Federal Reserve will pause its rate hike cycle. The dollar steadied in Asian trade after steep losses this week, as weaker-than-expected and data spurred bets that the Fed has limited headroom to
