Powell Sinks Dollar But Can’t Keep Yields Down For Long

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U.S. dollar and yields fall after Powell said it’s not time to talk about a decline But yields rebounded ahead of expected growth in Q1...

US GDP Rose 6.4% in Q1 2021

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GDP level back within 1% of pre-shock (Q4 / 2019) levels, remaining gap expected to close quickly when virus threat softens Remaining weakness highly concentrated...

US Open: Tech Futures Surge, GDP Beats, Jobless Claims at New Low

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U.S. stocks are aiming for a stronger start on Thursday with the te technically heavy Nasdaq surpassing stellar gains from Apple and Facebook, after...

The consensus and the conventional wisdom are wrong

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May of forex seasonal patterns report 2021The year...

Q1 GDP Surges, But that’s Old news. Where to Now?

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The U.S. Advanced GDP for Q1 was 6.4% versus 6.1% expected and 4.3% in Q4 2020. Last year, when the pandemic began, the Q1...

Strong GDP, Steady Claims | Action Forex

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US GDP is robust but lacks valuation A lot of optimism comes at a price, so financial markets weren’t dismayed by the robust growth in...

The USDCHF reaches 200 day MA target but fails on breaks

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Two moves below the 200-day MA today both...

Oil Gains Continue, Gold Eases Lower

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Oil is boosting earnings from a strong demand outlook Oil prices charge higher for a third consecutive session on burning demand optimism. The oil...

NZDUSD back down testing MA level

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100-hour MA testedThe NZDUSD is moving down to...

EURUSD Loses Momentum After Flirting With 2-Month High

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EURUSD seems to maintain an upward trend as it holds itself above the rising trend line and the simple moving averages (SMAs). Earlier...
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