IMMFX blog - daily financial news video
IMMFX_EN – Daily financial news 05.08.2021.mp4

Don’t miss any significant trends for trading opportunities. Get daily updates on Forex News.

| Daily Financial News, Featured

Dollar Falls on Big ADP Miss, Gold Surges

Posted 4 August 2021

US futures turn south after much weaker than expected ADP job data. Yen regains much growth as risk sentiment turn cautious again. Though, as for today, Kiwi and Aussie are still the strongest. Canadian Dollar is currently the worst performing as dragged down by weakness in oil price. Dollar is following as the next weakest […]

The post Dollar Falls on Big ADP Miss, Gold Surges appeared first on Action Forex.

Kiwi Jumps after Strong Employment Data, Dollar Weakness Continues

Posted 4 August 2021

Following strong closes in US stocks, Asian markets ex-Japan are trading generally higher. The development helps lift commodity currencies generally higher. In particular, New Zealand Dollar is additionally lifted by much stronger than expected job data. Yen is paring some gains but weak treasury yields is keeping it afloat. On the other hand, Dollar continues […]

The post Kiwi Jumps after Strong Employment Data, Dollar Weakness Continues appeared first on Action Forex.

Why Most Traders Fail and How to Increase Trading Success

Posted 5 August 2021

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

Crude Oil, Energy Stocks Sink on Fed Commentary. WTI at Risk on Technicals

Posted 5 August 2021

Crude oil prices and energy stocks weakened as investors worried about rising Covid-19 cases and rather hawkish commentary from the Fed. WTI may be at risk amid bearish technical signals.

Trading Forex at the News Release

Posted 5 August 2021

Learn how to trade forex news at the release with our top news trading strategies

Gold Price Outlook: XAU Stumbles on Fed-Induced US Dollar Strength, NFPs Eyed

Posted 5 August 2021

Gold prices fell after the Fed's Vice Chair fueled policy tightening bets, driving the US Dollar higher to XAU/USD's detriment. A Death Cross is undermining the technical view.

S&P 500 Falls on Weaker ADP Jobs Report, Hang Seng to Open Flat

Posted 5 August 2021

Wall Street stocks pulled back broadly on Wednesday as a weaker private jobs report and viral resurgences dampened reflationary hopes. Crude oil prices plunged 3%. Asia-Pacific markets to open mixed.

Australian Dollar Outlook: AUD/USD Sinks on Fed Remarks as Trade Balance Eyed

Posted 4 August 2021

The Australian Dollar was on the way up following this week's RBA rate decision. However, Fed commentary sent AUD/USD lower. Australia's June trade balance figures are in focus.

Brazil Central Bank Hastens Rate Hikes to Strangle Inflation, USD/BRL in Peril

Posted 4 August 2021

Brazil’s Central Bank raises the Selic rate by 100 basis points to 5.25% and indicates that its baseline scenario includes quicker monetary tightening to tame inflation.

Crude Oil Price Outlook: Bullish Drivers to Sputter in Q3

Posted 4 August 2021

Crude oil price action made an explosive move higher during Q2 with the commodity surging about 25% gain on balance. Oil outlook is less sanguine for 3Q, however, due to waning bullish impetus.

Top 8 Forex Trading Strategies and their Pros and Cons

Posted 4 August 2021

Compare the pros and cons of different forex strategies, from day trading to position trading.

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

Posted 4 August 2021

The US Dollar put in a spike this morning on the back of comments from FOMC Vice Chair, Richard Clarida. NFP is on the docket for Friday - can USD bulls maintain?