EUR/USD Price Analysis: Bears attack 1.2200 as US fiscal stimulus is finally out
EUR/USD refreshes intraday low to 1.2205, down 0.33% intraday, during Monday’s Asian session. In doing so, the quote extends losses after breaking 50-
Read More »Australia GDP for Q3 3.3% q/q (vs. expected +2.5%)
Economic growth data for Australia for the July to September 2020 quarter. and -3.8% y/y A (relatively) subdued bounce out of lockdown, not as substantial as many countries have seen….
Read More »Australian Private Capital Expenditure (capex) for Q3: -3.0% q/q (expected -1.5%)
The headline has come in at -3% q/q (-13.8% y/y) Other key figures from the report: Plenty more to come
Read More »Australia Construction work done for Q3: -2.6% q/q (expected -2.0%)
This data will be an input into the economic growth numbers (Q3 GDP) due on December 2 For the y/y down 4.2% Australia Construction work done for Q3 comes in…
Read More »Aussie Unemployment rate increased to 7.0% vs 6.9% prior, AUD firms
The Australian seasonally adjusted estimates for October 2020 came out and the Unemployment Rate increased to 7.0% vs 7.1% expected and 6.9% prior. Th
Read More »EUR/USD May Challenge 2-Year Resistance. Fiscal Talks Making Headway
EUR/USD may challenge a key resistance zone as fiscal talks show signs of progress ahead of the final presidential debate.
Read More »How to Read Level 2 Quotes and Day Trade them
A few weeks ago, we looked at the concept of reading the tape, which is also known as tape reading. We also looked at the concept of imbalance, which refers…
Read More »Gold still looks cheap cheap after accounting for inflation-adjusted yields – Pimco
Gold’s price reached a record high of $2,075 per ounce earlier this month and was last seen trading at $1,925, representing a 27% gain on a year-to-d
Read More »Forexlive Americas FX news wrap: US existing home sales surge
Forex news for North American trading on August 21, 2020 Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July…
Read More »Australia Building Permits (YoY) declined to -15.8% in June from previous -11.6%
Australia Building Permits (YoY) declined to -15.8% in June from previous -11.6%
Read More »