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Thursday, May 6, 2021
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CATEGORY

Forex

British Pound Steady, BoE Meeting Next

After starting the week with strong gains, the British pound has settled down. In the North American session, GBP/USD is trading at 1.3900, up...

NZD/JPY Rebounds From Upside Support Line

NZD/JPY has been in a recovery mode since yesterday, when it hit support at the crossroads of the 77.71 level and the upside support...

EUR/USD: Technical And Fundamental Analysis

The dollar hit its highest in over two weeks on Wednesday, extending a rally as chatter about the possibility of higher US interest rates...

The Commentariat Makes A Big Deal Of Yellen’s Comments, Markets Don’t

Disappointing German, French, and Italian PMI reports helped send the euro to almost $1.1985, its lowest level in about two and a half weeks,...

U.S. Dollar Gets A Yellen Boost

The Yellen rate-rise comments propelled the US dollar higher in double-quick time, and even a winding back of the remarks later did not dent...

Seasonal Patterns In FX: Caveat Emptor

Seasonal patterns in agricultural commodities seem intuitively easier to understand than seasonal patterns in the foreign exchange market, where the turnover far and away...

Thoughts Of A Fed Policy Turnaround Scared Markets

Former Fed chief and current US Treasurer, Janet Yellen, sparked a violent sell-off in equity markets, noting that an interest rate hike may be...

Supply Crunch-Time

by Adam Button Are supply shocks officially in? Monday's US ISM manufacturing report missed estimates but the reason why was more worrisome than the miss...

Latest news

As United weighs outsourcing catering, U.S. lawmakers demand new curbs on federal aid

Stock Markets7 minutes ago (May 05, 2021 08:35PM ET) (C) Reuters. FILE PHOTO: A United Airlines passenger jet lands at Newark Liberty International Airport,...

Mexican metro crash witness describes horror, and silence, of rail collapse

Sports & General21 minutes ago (May 05, 2021 08:22PM ET) By Daina Beth Solomon MEXICO CITY (Reuters) - Beatriz Ramon and her younger brother Oscar...

Hunt for yield to keep dollar weak for at least three months: Reuters poll

(C) Reuters. FILE PHOTO: A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes January 26, 2011. REUTERS/Kacper Pempel By Hari...

U.S. reverses stance, backs giving poorer countries access to COVID-19 vaccine patents, tech

(C) Reuters. U.S. President Joe Biden delivers remarks on the state of the coronavirus disease (COVID-19) vaccinations from the State Dining Room at the...

Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury

Sign In/Free Sign Up 0 Cryptocurrency23 minutes ago (May 05, 2021 08:20PM ET) Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury Mercado...
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