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Thursday, May 6, 2021
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CATEGORY

Investing 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

Hong Kong activist Joshua Wong jailed for further 10 months over June 4 assembly

Sports & General12 minutes ago (May 05, 2021 11:30PM ET) (C) Reuters. FILE PHOTO: Pro-democracy activist Joshua Wong is seen in Lai Chi Kok Reception...

SpaceX Starship rocket prototype achieves first safe landing

Sports & General22 minutes ago (May 05, 2021 11:21PM ET) 3/3 (C) Reuters. SpaceX conducts a test launch of its SN15 starship prototype from the company's...

Asia shares, commodities firm on recovery bets; A$ hit by China move

Stock Markets27 minutes ago (May 05, 2021 11:16PM ET) (C) Reuters. FILE PHOTO: A man works at the Tokyo Stock Exchange after market opens in...

Judge puts hold on ruling voiding U.S. moratorium on evicting renters

(C) Reuters. FILE PHOTO: A "For Rent" sign is posted outside a residential home in Carlsbad, California, U.S. on January 18, 2017. REUTERS/Mike...

China to suspend economic dialogue mechanism with Australia

Economy32 minutes ago (May 05, 2021 11:10PM ET) (C) Reuters. FILE PHOTO: Australian flag flutters in front of the Great Hall of the People during...
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