Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.
Daily Market Analysis
The Forex history counts six silver bull market periods, and the seventh one is possibly right now. Jump in to know!
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
The USD/JPY pair is about to exit the Kumo. If that happens, a new bullish sentiment is in force.
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
Alibaba’s affiliate Ant company may become the largest IPO not only now, but also in the entire history. Let’s discuss what it may mean for traders.
EUR/USD has tested the hurdle at 1.18431 in today's session
EUR/USD is gyrating the pivot point at 1.18078
All attention to the HP’s Q3 earnings report on August 27 at 23:30 MT time. Are you ready?
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
The most traded pair has started the week on the positive footing. What are the forecasts?