Forex

Forex

S&P up 1.36%. Nasdaq up 1.35%. Dow up 1.45%
The US stocks gapped on the opening on increased confidence for US economic growth on the back of Pres. Trump’s speech yesterday. Although the President fell short on details, he was more presidential and…

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Stock market on fire
The S&P 500 is up 33 points as it extends the record high to 2398.
What’s interesting is that even with stocks and Treasury yields rising, the US dollar hasn’t been able to keep pace. Against the euro and yen, the US dollar is …

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Comes in at 1.8%. Down from 2.4%
In the Atlanta Fed’s own words:
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2017 is  on March 1, down from 2.5 percent on February 27. The forecast f…

The post Atlanta Fed GDPNow estimate for 1Q falls below 2% appeared first on Forex news – Binary options.

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First look below the 100 bar MA
There is a little crack in the bullish armor for the USDJPY.  The price has moved below it’s 100 bar MA at the 113.74 level. That is the 1st breach below the line today.  The 200 bar MA /38.2% retracement of th…

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