Tag Archives: forex trend

Markets, as well as the dollar, will wobble amid uncertainty (a local decline in the USD/CAD pair and an increase in the

The events of the last two weeks clearly show that investors are not ready to fully enter the market for cheaper shares of companies against the background of coronavirus. This dynamic is also fully confirmed by the behavior of the US dollar.Last week, a generally positive attitude of investors towards buying stocks of companies was noted in the markets. On this wave, government bonds of economically strong countries were sold, the demand for safe-haven currencies such as the yen and the Swiss franc, decreased, and the dollar declined significantly against major currencies. The reason for this was the announcement by the Fed, the US Treasury, and other major global Central Banks of the broadest incentive measures. But this week, the mood turned 180 degrees, already against the background of the first economic statistics coming out over the last coronavirus time. They turned out to be extremely negative for Europe and America, although on the contrary, the figures from China were optimistic.Why does the market react like that? This is due to the fact that there are reasonable expectations that until demand in Europe and North America is restored, and these are the main consumers of Chinese products, active production in the…

South Korea Inflation Data Due On Thursday

South Korea will on Thursday release March numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In February, overall inflation was flat on month and up 1.1 percent on year, while core CPI added 0.1 percent on month and gained 0.5 percent on year. Japan will provide March figures for monetary base; in February, the monetary base climbed 3.6 percent on year. Australia will see February figures for job vacancies; in January, vacancies were up 1.6 percent on month. The material has been provided by InstaForex Company – www.instaforex.com…

Forex Fortune

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Emas forex trading system.

The 5EMAs Forex System is based on a well guarded method of predicting market movements, the knowledge of which will reveal how to potentially turn $1,000 into $1,000,000 in 24 months (or $10,000 into $1,000,000 in just 12 months)It uses an incredibly accurate formula (developed by a professional.No Lies, No Bs Real Money, Live Account Statements Prove Over… Read More »

How to Download MetaTrader 4 on Windows in 2019 | FxProNow.com | Forex Trading Tips

Want to learn how to Trade in the Foreign Exchange Markets? Let me show you how. Check out our New Free 1 Hour Forex Training on https://www.FxProNow.com MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The… Read More »

U.S. Construction Spending Unexpectedly Slumps 1.3% In February

A report released by the Commerce Department on Wednesday showed an unexpected decrease in U.S. construction spending in the month of February. The Commerce Department said construction spending slumped by 1.3 percent to an annual rate of $1.367 trillion in February after spiking by 2.8 percent to an upwardly revised rate of $1.385 trillion in January. The pullback came as a surprise to economists, who had expected construction spending to climb by 0.6 percent following the 1.8 percent jump originally reported for the previous month. The unexpected drop in construction spending reflected notable decreases in spending on both private and public construction. Spending on private construction tumbled by 1.2 percent to an annual rate of $1.026 trillion, as spending on residential construction slid by 0.6 percent and spending on non-residential construction plummeted by 2.0 percent. The report said spending on public construction also plunged by 1.5 percent to an annual rate of $340.9 billion, with spending on educational and highway construction both showing significant drops. Despite the monthly decrease, the Commerce Department said total construction spending in February was up by 6.0 percent compared to the same month a year ago. The material has been provided by InstaForex Company -…

*U.S. Crude Oil Inventories Spike By 13.8 Million Barrels In Week Ended 3/27

U.S. Crude Oil Inventories Spike By 13.8 Million Barrels In Week Ended 3/27 The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Little Changed After ISM Manufacturing, Construction Spending

Following the release of U.S. ISM manufacturing PMI for March and construction spending for February at 10.00 am ET Wednesday, the greenback changed little against its major rivals. The greenback was trading at 107.24 against the yen, 0.9663 against the franc, 1.2418 against the pound and 1.0929 against the euro around 10:05 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Little Changed Following ADP Private Payrolls Data

U.S. ADP private payrolls data for March has been released at 8:15 am ET Wednesday. After the data, the greenback changed little against its major rivals. The greenback was trading at 107.50 against the yen, 0.9657 against the franc, 1.2365 against the pound and 1.0937 against the euro around 8:20 am ET. The material has been provided by InstaForex Company – www.instaforex.com…