Forex Weekly Forecast & FX Analysis July 6 - July 10
Last week, the U.S. labor market showed a continued recovery. 4.8 million jobs were created outside the agricultural sector, unemployment fell to 11.1%, but at the same time, wages, which in annual terms, that in monthly terms, continue to fall.
Forex Weekly Forecast & FX Analysis May 18 - 22
The S&P 500 index dropped almost 3% last week amid concerns about the global economic crisis due to the coronavirus pandemic. However, the weekly candlestick has a long Downside shadow, which points
Forex Weekly Forecast & FX Analysis May 11 - 15
The teach-heavy index was leading the equities market in the bullish recovery. NASDAQ Composite rallied +5.88%, entering into the positive territory for the first time since the market crash started this year.
Forex Weekly Forecast & FX Analysis May 4 - 8
The S&P 500 benchmark has found a local top level of the recent recovery this past week. The index was gaining strength in the first half of the week, rallying to 2967.5 points on Wednesday despite the worse-than-expected US GDP report in the first quarter.
Forex Weekly Forecast & FX Analysis April 20 - 24
This past week was positive for global equities in general and NASDAQ Composite index in particular. The tech-heavy benchmark rallied +7% and tested the psychological round-figure level of 9000.0