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Forex Market Review - 18 May
USD kept falling, Pound raising! After President Biden commented about global vaccination and confirmed that the U.S. would supply more vaccines to other countries (including Pfizer and Moderna) all around the globe, USD got under pressure because th...
China, backed up U.S. disappointing data, Gold raising
Gold touched a three-month highAfter disappointing employment and inflation data from the U.S., now it is a Chinese term. Earlier today, while the market was expecting another rise of 24.8% in Chinese Retail Sales, the market participant got disappoi...
Market Update Friday 14 May Friday 14 May
Retail sale Decreased fears.Inflation increased, and Retail Sales were flat in April, while March figures revised up by 10.7%. After weaker than expected NFP numbers, these data reduced the fears of the U.S. economy running hot. Core retail sale...
Rebound after a sharp decline, what next?
European stocks following Wall Street!Yesterday and after positive US weekly Jobless claims number and the poor 30-year auction in line with US 10-year Treasury Yields falling back towards 1.63%, Stock markets found enough reason to rebound the most...
Jobless Claims under 500K, PPI above 6%
EURUSD`s following targets?Producer Price Index (PPI) y/y published earlier confirms that average changes in selling prices received by domestic producers of goods and services in April, compared to the same month of the previous year, raised by 6.2%...
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