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Aussie lost the ground, despite the lower USD.
Analysis

Aussie lost the ground, despite the lower USD.

Tensions with China continue. AUD decreasing against USD from its one week low, touched earlier today, while it was higher in early trading hourse, thanks to a broadly weaker US dollar.The main reason for lower Aussie is the Australian tensions...

Author:
Ahura Chalki
Published on: 07.05.2021 12:37 (UTC)
622
Jobless Claims, NFP
Analysis

Jobless Claims, NFP

What means positive data for USDBased on published data earlier today, the US jobless data during last week fell to a new post-pandemic low of 498,000 from 590,000 of the previous week`s claims, signaling better US economic recovery. But the negative...

Author:
Ahura Chalki
Published on: 06.05.2021 19:53 (UTC)
616
BoE and Sterling
Analysis

BoE and Sterling

Will they reduce Gilts` purchasing plan?Today eye will be on the BoE meeting, where the Monetary Policy Committee (MPC) - Which is made up of nine members, including the Governor, the three Deputy Governors for Monetary Policy, Financial Stability an...

Author:
Ahura Chalki
Published on: 06.05.2021 13:25 (UTC)
1697
Gold after US data!
Analysis

Gold after US data!

Market sentiment is positive.Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Servic...

Author:
Ahura Chalki
Published on: 05.05.2021 17:36 (UTC)
615
FX Market in a busy Calendar
Analysis

FX Market in a busy Calendar

Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are...

Author:
Ahura Chalki
Published on: 05.05.2021 12:06 (UTC)
1398