<p>While the coronavirus pandemic continued to worsen globally, investor sentiment somewhat stabilized after governments and central banks rushed to push out tighter lockdown measures, fiscal stimulus and monetary easing. Dollar suffered massive selling on easing risk aversion, improving funding conditions, as well as Fed’s QE infinity.
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CFTC Commitments of Traders – Gold Price Resumed Rally while Crude Oil Fell to Almost Decade Low as Recession Risk Heightened
<p>Bets on higher gold price increased as worsening coronavirus pandemic intensified concerns over global recession. On the other hand, traders increased bets on both higher and lower crude oil prices, but the latter prevailed. The front-month WTI crude contract slumped to lowest level since 2011 during the week. According to the CFTC Commitm
CFTC Commitments of Traders – US Dollar Remained Firm again Major Currencies
<p>The reporting period was ahead of Fed’s announcement of QE infinity. During the week, US dollar rallied against major currencies. Although the Fed announced to resumed QE, the purchase of US$700B of assets was small as a percentage of US GDP. Meanwhile, as other central banks have announced to join the QE camp, US dollar […]
Dynamic Average Foot Bar MT5 Indicator
<p><span><strong>MT5 Indicators – Download Instructions</strong></span></p> <p>Dynamic Average Foot Bar MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.</p> <p>Dynamic Average Foot Bar MT5 Indicator pro
USDCHF Vulnerable, Looks To Weaken Further
<p> </p> <p> </p> <p> USDCHF faces risk of further bear pressure in the new week. Resistance comes in at the 0.9550 level. Above here, resistance lies at the 0.9600 level and then the 0.9650 level. Further out, resistance stands at the 0.9650 level. On the downside, support is located at the 0.9450 level with
Forex Forecast and Cryptocurrency Forecast for March 30 – April 03, 2020
<p>First, a review of last week’s events: </p> <p>- EUR/USD. The pair's flights in recent weeks can be compared to aerobatics: first, an almost vertical takeoff up by 630 points, then a vertical peak by 860, and now a new leap up by 445 points.</p> <p>Several factors caused the sharp drop in the dollar. The [&hell
Fx Pioneer Christian Schoeppe Sets up Schoeppefx International Consulting
The firm specializes in FX business strategy, trading technology and education around the FX Global Code of Conduct
Monex Inc, HSBC, Barclays & block.one Appointments: Executives on the Move
ICYMI: This week's executives on the move.
Fed to reduce daily pace of bond buying to $60B in April
Fed reigns in the bond buying The Fed's 'buy everything' strategy is getting reigned in a bit starting April 2. The central bank says it will cut buying back to $60B per day in Treasuries then.
Federal Reserve considering more steps to help state and local governments
Fed reviewing ways they can help From the WSJ: Federal Reserve officials are reviewing new ways to support financing for state and local governments, many of which are on the front lines of the coronavirus pandemic and will face huge borrowing needs as revenues plunge, according to people familiar with the matter.