Technical analysis, get ready for the big bounce on the dollar


Business optimism falls to great recession levels says Bank of Canada
Canadian business sentiment is still dropping, despite a partial re-opening of the economy.
New York unemployment not abating, a million jobless workers
The city began a new phase, allowing personal-care services like nail salons and some outdoor recreation to resume.
U.S. Dollar higher as virus cases increase

Euro zone April industrial output plunge deepest on record
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
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%
No inflation despite the new money from the FED being funneled to the stock market
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


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


Here comes the FED with half a point rate cut, but hasn't impressed markets anyway
The Federal Reserve announced Tuesday that it has cut interest rates by half a percentage point in an effort to boost the U.
US dollar beats all other fiat currencies


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


U.S. Dollar supported by inflation data
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.
Dollar resume gains across the board
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
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


US weak Inflation sends dollar down and stock futures up
Collapsing energy costs kept US consumer steady last month according to government data released today.
Futures and the dollar higher after mixed Non farm payrolls - here is the data

Stocks weaker after US manufacturing confirms steep slowdown

[Technical analysis] EURUSD could accelerate loses in October


Not that many jobs created in the US in July but inline with expectation, NFP is out


Federal Reserve chairman signals cut in US interest rates
The dollar took a dive against a basket of currencies and the major share indexes opened higher after Fed Chairman Powell's prepared remarks ahead of his testimony whil 2-year yields dropping 7bps in the 5 minutes since the release.
Federal Reserve holds rates but signals cuts possible later this year

EURUSD falls as predicted by technical analysis


Bullard says Fed may cut rates if inflation keeps disappointing
James Bullard, President of the Federal Reserve Bank of St Louis said on Wednesday that further weakness in inflation could prompt the U.
Dollar reigns as the European powerhouse sends gloomy signal
German business sentiment deteriorated in April as the mood among manufacturers "worsened markedly," the Ifo Institute said Wednesday, dampening expectations of an impending pickup in Europe's largest economy.
Euro declining as manufacturing in a slippery slope in Germany
EUR/USD extended on Thursday its falls after US retail sales beat expectations with 1.
US retail sales post biggest gain in 18 months
The Commerce Department said on Thursday retail sales surged by an impressive 1.
EURUSD and the resistance rejection we have been waiting for

