2020

Market Update – February 25 – Risk On, Commodity Currencies lead

Market News Today – USD at 3-year lows, Equities recover over 1%, (Dow over 32K) Yields cool again but remain relatively elevated (10yr – 1.41%). RISK ON. JPY & CHF heavy. Commodity currencies & Sterling hold bid, EUR breaks January resistance. Copper at 10-year high, […]

Oil and Loonie hand-in-hand to fresh highs!

This week, Fed chair Powell’s successful attempt to convince markets that the punch bowel of monetary stimulus isn’t going to be taken away anytime soon, even in the face of rising inflation. While admitting that USDIndex prices are “somewhat elevated” and that there would be […]

EUR/USD Moves Sideways in Directionless Trade

EUR/USD Moves Sideways in Directionless Trade February 24, 2021 by Vladimir Vyun EUR/USD has been trading without a clear direction over Wednesday. There were just a couple of US macroeconomic reports released today, and markets were paying attention mostly to the testimony of Federal Reserve […]

Midweek Market Podcast: February 24

The Market Week – February Week 4 HotForex · Midweek Update – February 24 The focus of attention once again this week focused on the Bond markets as Treasury prices fell, yields rose and volatility increased. This pressured the USD as commodity currencies and Sterling […]

AES Earning and energy consumption

The AES Corporation (NYSE: AES), one of the biggest companies in the Energy and Power section, with activity in 15 countries worldwide, is scheduled to release its fourth-quarter 2020 earnings report on Feb 25, before Wall Street’s opening bell. “In the past four quarters, The […]

INDIA’S PLAN TO BAN CRYPTOCURRENCY-THE CURRENCY OF THE FUTURE

Cryptocurrency in simple words is digital or virtual money whose transactions are maintained by highly specialized methods of cryptography. Although, they are used for various transactions and exchanges, this currency is not in control of any one person or a political force. Photo by Javier […]

Lowe’s – poor earnings report and quarter statistics expected

Lowe’s Companies, Inc. (LOW) is a home improvement retailer with more than 2,200 in-store locations and one of the FORTUNE® 50 companies, with a market capitalization of US $123 billion. It is in queue to report fourth quarter earnings today (24 February) before the US […]

Vipshop: Earnings preview for the fourth quarter of 2020

Vipshop Holdings Limited (NYSE: VIPS), a leading China-based online discount retailer for branded products in the country, is expected to report its earnings for the fiscal quarter ending December 2020 this Thursday 25th February before market open. Driven by a surge in the number of […]

Market Update – February 24 – Sterling & Commodity Currencies Soar

Market News Today Equities recover from significant falls, Powell pushes for inflation, USD remains heavy, yields cool from highs, NZD spikes following RBNZ. Commodity currencies & Sterling at 3-year highs, Copper at near 10-year high, Oil slipped from 1-year highs. Gold holds over $1800. BTC […]

EUR/USD Falls, Extends Decline After Consumer Confidence Beats Expectations

EUR/USD Falls, Extends Decline After Consumer Confidence Beats Expectations February 23, 2021 by Vladimir Vyun EUR/USD has been falling today, and while the currency pair attempted to halt the decline, currently it looks like the pair is going to resume its fall. US manufacturing data […]