Tag Archives: trader

EUR/USD. Donald Trump vs Joe Biden vs “Coronavirus”. The American president dug a hole himself.

24-hour timeframe
On the Forex market, another trading week has ended, during which the European currency has risen in price in an unprecedented way in pair with the US currency. If you do not take into account the first six weeks of the “coronavirus” epidemic, when almost every currency was thrown from side to side by hundreds of points, it is difficult to even remember the last time the euro increased so strongly and quickly. As we have already said, the reasons for this strengthening of the euro currency are ambiguous. If we take into account the fact that the pound has also become more expensive, we can conclude that the US currency has fallen. If this hypothesis is correct, then why, for example, the Swiss franc fell in price over the past week much more modestly? Why is the Japanese yen generally cheaper against the dollar? It turns out that rallies and protests in the US do not have such a strong impact on the demand for the dollar. Or do market participants sell the dollar based on these events, and buy only the pound and the euro, although in this case, the question remains: why do they buy…

Make Trading Successful Now

An Entirely Automatic Trading System For The Metatrader Trading Terminal, Developed Especially For The Needs Of Ordinary Forex Traders, Yet Also Used Successfully By Many Professional Traders. It Is Perhaps The Best Trend Following And Long Term Profitable Trading System On The Market.Uniqie and Highly Profitable Trend Following Automated Trading Strategy.

Trend Management Software

This trading method is so fresh no one else is using it at the moment. He will show you how to leverage the power of three trading secrets that are working today.Do You Want A Reliable FREE Forex Trading System That Could Make You Money Consistently?

Forex Megadroid Robot

Forex Megadroid Indisputably Proves A Robot Can Trade With 95.82% Accuracy In EVERY SINGLE Market Condition And Quadruple Every Single Dollar YOU DepositThe Forex-MegaDroid MT4 EA is a forex expert advisor.

Oil Futures Settle Sharply Higher On Jobs Data, Production Cut Hopes

Crude oil prices moved up sharply on Friday amid optimism about increased energy demand after data from U.S. Labor Department showed a higher than expected job additions and smaller-than-expected increase in unemployment in the month of May. Also, with several businesses across the global reopening after several weeks of lockdown, and the European Central Bank deciding to substantially expand its bond-buying program to support the economy, it is expected that energy demand will see a notable surge over the course of coming months. Further, traders were also betting on hopes the OPEC will consider extending record production cuts beyond the end of this month. According to Russia’s energy ministry, a video conference of a group of leading oil producers, known as OPEC+, would be held on Saturday. West Texas Intermediate Crude oil futures for July ended up $2.14 or about 5.7% at $39.55 a barrel. Brent Crude futures were moving up by about $2.10 or 5.2% at $42.10 a barrel. According to sources from OPEC, Saudi Arabia and Russia have agreed to extend deeper cuts until the end of July. The sources added that there is a possibility of the reductions being extended until the end of August. Meanwhile,…

Gold Futures Settle Notably Lower After Equities Rally On Jobs Data

Gold prices drifted lower on Friday as better-than-expected U.S. jobs data prompted investors to seek riskier assets such as equities, and pushed up the dollar. Data from the Labor Department showed U.S. non-farm payroll employment jumped by 2.51 million jobs in May after plummeting by a revised 20.69 million jobs in April. Economists had expected job losses to be around 8.0 million in the month of May, following the nosedive of 20.5 million jobs originally reported for the previous month. The unemployment rate dropped to 13.3% in May from 14.7% in April. Economists had expected the unemployment rate to surge up to 19.8 %. The dollar index rose to 97.03 by mid afternoon, gaining about 0.35%. Gold futures for August ended down $44.20 or about 2.6% at $1,683.00 an ounce, the lowest settlement since April 3. Gold futures shed almost 4% this week. Silver futures for July ended lower by $0.582 at $17.534 an ounce, while Copper futures for July settled at $2.5555 per pound, gaining $0.0660 for the session. The material has been provided by InstaForex Company – www.instaforex.com…

UK House Prices Fall For Third Month Amid Covid-19

UK house prices fell for a third successive month in May, though activity started picking up slightly, after the lockdown restrictions imposed to slow the spread of the coronavirus, or Covid-19, were partly eased. The house price index decreased 0.2 percent after a 0.6 percent decline in April, monthly survey results from the Lloyds Bank subsidiary Halifax showed Friday. Economists had forecast a 0.7 percent fall. In March, prices slid 0.3 percent. The house price inflation, which is the year-on-year change in the index, eased only slightly in May, from 2.7 percent to 2.6 percent. The average price of a house in May was GBP 237,808 versus GBP 238,314 in the previous month. In the March to May quarter, house prices dropped 0.5 percent from the previous three months ended February, when they rose 2.8 percent.
The successive declines in house prices reflect a continued loss of momentum following what was a strong start to the year, Russell Galley, Halifax managing director, said. With a limited number of transactions available, calculating average house prices remains challenging and increased volatility is to be expected, he cautioned. Galley pointed out that the mid-month relaxation of restrictions in England that allowed estate agents and…

Labor Department Report Shows Unexpected Rebound In U.S. Employment

A closely watched report released by the Labor Department on Friday claimed employment in the U.S. unexpectedly showed a substantial rebound in the month of May. The Labor Department said non-farm payroll employment jumped by 2.51 million jobs in May after plummeting by a revised 20.69 million jobs in April. The rebound in employment came as a shock to economists, who had expected the loss of another 8.0 million jobs following the nosedive of 20.5 million jobs originally reported for the previous month. With the unexpected rebound in employment, the Labor Department said the unemployment rate dropped to 13.3 percent in May from 14.7 percent in April. Economists had expected the unemployment rate to surge up to 19.8 percent. The material has been provided by InstaForex Company – www.instaforex.com…