OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Wall Street to Open Positive, Global Equities Positive…
Economic recovery hopes spurred by central bank support efforts help underpin risk sentiment. Summary: Global equities are trading positive on the last trading session of the week supported by hopes for economic recovery. European equities…
Wall Street to Open Positive on Strong Economic…
Risk sentiment remains well supported over positive COVID-19 drug trial update and strong hopes for economic recovery. [caption id="attachment_363123" align="alignleft" width="300"] Wall Street to Open Positive on Strong Economic Recovery[/caption] Summary: Wall Street yesterday closed…
FED: U.S. Economic Outlook and Monetary Policy (via…
It is my pleasure to meet virtually this evening with the members and invited guests of the Foreign Policy Association (FPA).1 I am truly honored to receive the Foreign Policy Association Medal. Past honorees have included…
Semiannual Monetary Policy Report to the Congress
Chairman Crapo, Ranking Member Brown, and other members of the Committee, thank you for the opportunity to present the Federal Reserve's semiannual Monetary Policy Report. Our country continues to face a difficult and challenging time, as…
Wall Street to Tumble Down, Global Positive Rally…
[caption id="attachment_364269" align="alignleft" width="300"] Wall Street Tumbles Down[/caption] Fed forward guidance hinting at slow economic recovery and low-interest rate for many years to come and covid-19 renewed outbreak scare keeps risk sentiment muted in the…
Wall Street to Open Positive, But Caution Lingers…
EIA weekly stockpile data from the US, Fed policy rate decision updates are the key focus of traders today. [caption id="attachment_365054" align="alignleft" width="300"] Fed meeting[/caption] Summary: Global equities are experiencing a dual-tone activity on key…
Events That Will Affect EURUSD This Week
[caption id="attachment_367289" align="alignnone" width="581"] EURUSD Daily Chart[/caption] EURUSD traders will mostly focus on the Federal Open Market Committee which meets on Tuesday and Wednesday. The expectations are for a quiet meeting as the Fed has…
Global Equities Mixed Once Again, Wall Street to…
[caption id="attachment_366552" align="alignleft" width="300"] Powell & Mnuchin’s testimony[/caption] Powell & Mnuchin’s testimony in the Senate and developments of Sino-U.S. tensions cues remain in focus. Summary: Asian market hours today saw major global indices and equities…