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U.S. Dollar higher as virus cases increase

News by Newsroom on 12:28 EST July 07, 2020
dollar strengthened against its major counterparts in the European session on Tuesday amid safe-haven status, as a spike in coronavirus cases in some U.

Britain suffers an all time high in GDP contraction

News by Newsroom on 05:32 EST June 12, 2020

Britain’s economy has suffered the largest monthly contraction on record as the coronavirus sent vast swathes of the country into shutdown, new figures show.

Euro zone April industrial output plunge deepest on record

News by Newsroom on 05:29 EST June 12, 2020

Euro zone industrial output posted its deepest decline on record in April as coronavirus lockdowns shut down economic activity across the single currency bloc, data from the European Union’s statistics office Eurostat showed on Friday.

Unemployment claims up by 1.5 million last week, despite jobs gains in May

News by Newsroom on 10:48 EST June 11, 2020

The numbers indicate that some Americans are still being pushed out of work nearly three months into the pandemic.

FOMC leaves policy rate unchanged, sees economy shrinking 6.5%

News by Newsroom on 14:09 EST June 10, 2020

The U.

No inflation despite the new money from the FED being funneled to the stock market

News by Allie Longford on 10:03 EST June 10, 2020

The truth is that if money does not circulate, no matter how much the monetary base is increased deflation is ensured.

The dollar is at this time the ultimate safe haven

Article by Simon Kazinsky on 19:30 EST May 25, 2020
A wealth of analysts, influencers, youtubers are predicating the end of the dollar.

S&P 500 technical analysis, looking at the past to foresee what is coming next

News by Simon Kazinsky on 16:06 EST May 21, 2020
We are still at the start of a bear market.

FED SLASHES INTEREST RATES TO NEAR 0% AND INTRODUCES QE BY $700BN

News by Newsroom on 17:20 EST March 15, 2020
The Federal Reserve in a new bid to save the U.

British pound on free fall

News by Newsroom on 14:08 EST March 13, 2020
The pound trades at the end of the second week of March at 1.

Bitcoin becomes another Corona casualty

News by Newsroom on 21:14 EST March 12, 2020
Bitcoin Price Crashes 25% in 1 Hour Below $4,500 in Coronavirus Panic.

The virus is only the pin that pricks the bubble

News by Allie Longford on 02:42 EST March 10, 2020
Many analysts are arguing that the Coronavirus is making the financial markets overreact and while .

Here comes the FED with half a point rate cut, but hasn't impressed markets anyway

News by Newsroom on 12:00 EST March 03, 2020

The Federal Reserve announced Tuesday that it has cut interest rates by half a percentage point in an effort to boost the U.

Australia’s central bank cuts rates amid virus fears

News by Newsroom on 00:47 EST March 03, 2020
The RBA, Australia’s central bank has cut interest rates to record lows on Tuesday in what is expected to be the first in a spate of policy stimulus around the world to fight the economic fallout from the coronavirus.

Another record: China's factory activity posts largest contraction as coronavirus bites

News by Newsroom on 14:56 EST February 29, 2020

The purchasing managers' index (PMI) for China's manufacturing sector stood at 35.

Technical Analsys - Where is the stock market going to find some support?

Tech analysis by Simon Kazinsky on 05:26 EST February 26, 2020
It's been a heck of a week so far and there are 3 trading days ahead of it yet, but where or when is this sharp downtrend going to end? .

Overconfident stocks get another blow on Tuesday

News by Newsroom on 19:12 EST February 25, 2020
Following Monday's session, the worst single day in 2 years for stocks, the hammering continues today.

Stock market plunges on coronavirus fears, Apple hit the most

News by Newsroom on 18:45 EST February 24, 2020
The major stock averages hit their session lows in early afternoon on Monday trading as coronavirus fears continue to dent investor sentiment.

US dollar beats all other fiat currencies

Tech analysis by Simon Kazinsky on 15:25 EST February 22, 2020
The US dollar is set to finish the month in the black, continuing the trend started at the start of the year.

Stocks slide as US base under Iranian attack in the Middle East

News by Newsroom on 18:38 EST January 07, 2020
The Standard and Poors 500 lost 50 points in less than an hour as reports of a US military base being under attack with missiles in Irak.

[TECHNICAL ANALYSIS] Silver starts an uptrend

Tech analysis by Newsroom on 16:48 EST January 07, 2020
The precious metal has broken long term resistances and the probability of further gains is high.

Gold technical analysis, the uptrend prevails

Tech analysis by Simon Kazinsky on 18:29 EST December 25, 2019
Gold has stagnated for the past weeks but, as a Christmas gift, it ended the slumber and shot up more than $25/oz in a single day.

Technical analysis - Sell the British pound on weakness

Tech analysis by Simon Kazinsky on 15:59 EST December 05, 2019
The British pound has been strong lately, managing to recover against the dollar from its double bottom around 1,20 made in the second part of August to comfortably above the 1,30 level it trades as we end the decade.

U.S. Dollar supported by inflation data

News by Newsroom on 11:16 EST November 13, 2019

The Dollar built on earlier gains Wednesday after inflation figures surprised on the upside for the month of October and as investors grew uneased over White House trade policy in the wake of President Donald Trump's speech to The Economic Club of New York.

Uber shares tumble 5% on $1.16 billion quarterly loss

News by Newsroom on 21:18 EST November 04, 2019
Uber Technologies Inc.

Bigger discounts from retailers boosted shopper demand for goods in October in the UK

News by Newsroom on 20:44 EST November 04, 2019

Retail sales were boosted in October as stores offered bigger discounts to tempt disengaged shoppers into making purchases, according to the BRC (British Retail Consortium)-KPMG retail sales monitor report released today.

Dollar resume gains across the board

News by Newsroom on 17:00 EST November 04, 2019

The dollar index rose on Monday, after five straight days of losses, with investors more guarded despite increased risk appetite that helped U.

German manufacturing stuck in recession while factory job losses at 10 year high

News by Newsroom on 04:06 EST November 04, 2019

Germany’s manufacturing sector remained stuck in recession in October as new orders fell for the 13th month running and factories slashed jobs at the fastest pace in almost 10 years, a survey showed on Monday.

Bitcoin being dumped again, the demise increasingly near

Article by Allie Longford on 15:07 EST Octuber 24, 2019
The most senior of all crypto currencies continues to sink this week and trades below $7,500.

Technical analysis - Are stocks finally reaching a top

Tech analysis by Simon Kazinsky on 21:27 EST Octuber 13, 2019
News outlets are playing the recession drums but, are stocks replicating this sentiment? .


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