Tag Archives: Japanese Yen

Simple Forex Tester

The Simple Forex Tester is a software suite that hooks DIRECTLY into the most powerful Forex trading platform on the planet MetaTrader 4. It utilizes the power of your computer and the data feed from your broker to very accurately re-play the market TICK FOR TICK, ….A software suite that hooks DIRECTLY into the most powerful trading platform… Read More »

Dollar Stays Strong For 3rd Straight Day

The U.S. dollar reigned over its peers on Friday, gaining for a third straight day, despite dismal monthly jobs data. The dollar’s safe-haven appeal tilted the scale in its favour and most of the major currencies were notably down against it despite recovering a good portion of ground they had lost earlier in the day. Mounting worries about surging coronavirus infections across the globe and weak economic data out of Europe supported the dollar’s uptick. According to the new tally from Johns Hopkins University, more than a million people have been diagnosed with the novel coronavirus across the world. The dollar index rose to 100.85 around noon, and later eased to 100.64, still up nearly 0.5% from previous close. Against the Euro, the dollar strengthened to 1.0774 before giving up some gains as it eased to 1.0811, still well off previous session’s close of $1.0857. The euro area private sector logged its biggest monthly fall on record in March as the coronavirus disease, or covid-19, pandemic impacted heavily on economic activity, final data from IHS Markit showed Friday. The final composite output index fell sharply to 29.7 in March from 51.6 in February. This was also weaker than the…

MetaTrader é a melhor opção? Conheça uma alternativa top

http://bit.ly/pepperSocial – Experimente o cTrader gratuitamente com uma das melhores corretoras do mundo – http://bit.ly/pepperSocial Neste vídeo apresentamos uma plataforma que pode ser uma alternativa ao famoso MetaTrader. Se você está cansado do MetaTrader ou simplesmente quer testar uma outra opção, o cTrader pode lhe agradar! A demonstração é realizada utilizando a versão WEB da plataforma (que é… Read More »

Awarding of the most active Tifia trader in Thailand

Tifia always appreciates the performance of our clients and is grateful for choosing our platform for trading in financial markets. We are pleased to report that Mr. Noppavee Bukkamana has been awarded as the most active trader in Thailand, who has performed the biggest trading during the year. We awarded him a magnificent Rolex watch that will give… Read More »

The Dollar index trapped inside Fibonacci price range.

The Dollar index had a strong week as price bounced off key Fibonacci support at 98.20 all the way to 100.85 where the rise stopped at another important Fibonacci resistance area. Longer-term trend remains bullish and as long as price is above 94.60 bulls remain in control.Orange rectangle – supportRed rectangle – resistanceThe Dollar index has stopped its rise just above the 50% Fibonacci retracement of the recent decline from 103 to 98.29. Breaking above the red rectangle resistance would be an important bullish sign that will increase the chances of seeing a move above 103. Despite the bearish divergence in the RSI in the Daily chart, as long as price is above 98.20 the chances of making a higher high above 103 remain high. If price breaks below the orange rectangle the chances of approaching the 95-94 level will increase dramatically. If at the start of next week we see a rejection of price around the red rectangle then we should expect a pull back towards the orange support area. The material has been provided by InstaForex Company – www.instaforex.com…

Brazil Services Sector Shrinks At Record Pace On Covid-19 Disruption

Brazil’s service sector shrunk at the fastest pace in the survey’s 13-year history in March as businesses were shut and demand shrunk due to the coronavirus, or Covid-19, outbreak, survey data from IHS Markit showed on Friday. The headline seasonally adjusted IHS Markit Brazil Services Business Activity Index plummeted by nearly 16 points to 34.5 from 50.4 in February. A reading below 50 suggests contraction in activity. New work fell at the fastest pace since the survey began in March 2007, thanks to cancelled orders and business shutdowns. Export demand dropped at a rapid rate that exceeded the fall in total demand, mainly due to containment measures adopted globally to slow the spread of the Covid-19 pandemic. Employment fell at the fastest rate since October 2016, as businesses shed jobs in a bid to reduce operating costs amid shutdowns. Average costs increased sharply in March, but the overall rate of input price inflation was the slowest since last November. A strong US dollar and a corresponding increase in the price of imported items, pushed up purchasing costs. Charge inflation remained modest, but was the fastest in three months. Business confidence eroded sharply with expectations being the weakest since the survey…

U.S. Dollar Higher Amid Coronavirus Fears

The U.S. dollar firmed against its major counterparts in the European session on Friday, as investors sought safe-haven assets following grim Eurozone business survey, as well as continued COVID-19 concerns after virus cases exceeded one million. The IHS Markit eurozone services purchasing managers index slumped to a reading of 26.4 in March from 52.6 in February, the worst-ever reading in the history of the series, as the covid-19 pandemic and associated measures taken to contain the outbreak through Europe weighed heavily on business performance. The number of confirmed coronavirus cases crossed the 1 million mark globally with a death toll of 53,030, according to the new tally from Johns Hopkins University. Around 1,015,403 people have been diagnosed with the novel coronavirus across the world. Investors didn’t react to the disappointing U.S. jobs data for March. Data from the Labor Department showed that the U.S. employment fell much more than expected in the month of March. The report said employment plunged by 701,000 jobs in March after jumping by an upwardly revised 275,000 jobs in February. Economists had expected employment to slump by 100,000 jobs compared to the addition of 273,000 jobs originally reported for the previous month. With the much…

*ISM U.S. Non-Manufacturing Index Drops To 52.5 In March

ISM U.S. Non-Manufacturing Index Drops To 52.5 In March The material has been provided by InstaForex Company – www.instaforex.com…

U.S. Employment Plunges By 701,000 Jobs In March, Much More Than Expected

Employment in the U.S. fell much more than expected in the month of March, according to a report released by the Labor Department on Friday. The report said employment plunged by 701,000 jobs in March after jumping by an upwardly revised 275,000 jobs in February. Economists had expected employment to slump by 100,000 jobs compared to the addition of 273,000 jobs originally reported for the previous month. The much bigger than expected decrease came as employment in the leisure and hospitality sector plummeted by 459,000 jobs, mainly in food services and drinking places. The Labor Department said notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction. With the much bigger than expected drop in employment, the unemployment rate surged up to 4.4 percent in March from 3.5 percent in February. The unemployment rate had been expected to climb to 3.8 percent. “The 701,000 plunge in non-farm payrolls in March, which is already close to the worst monthly declines seen during the Global Financial Crisis, suggests the coronavirus pandemic started to decimate economic activity even sooner than we had thought,” said Andrew Hunter, Senior U.S. Economist at Capital Economics. He…