Fundamental view: UK BOE Gov Bailey Speaks at Jul 13 and July 17 supported Pound and lead to uptrend of the pair whereas FOMC Member Harker Speech at Jul 15 and FOMC Member Williams Speech at Jul 16 strengthened greenback and acted as a catalyst for the downtrend of the pair. Outcomes of monthly reports [...]
Canadian provinces and territories have been gradually reopening. As of today, Canada reported 109000 total cases of COVID 19. Canada's federal government will give the 13 provinces and territories more than C$19 billion ($14 billion) to help pay for the costs of restarting the economy after several months of COVID-19 pandemic lock-downs, the prime minister [...]
2 Doji Candlesticks Breakout Strategy can be used when 2 doji candlesticks are noticed. There is no need to care about whether the market is going to go up or down because whichever way it goes, we want to catch that breakout so what you do is place pending buy stop and sell stop orders on [...]
As per Official data released on early Thursday, Australia's unemployment rate rose to 7.4% in June to hit the highest level in two decades whereas Market consensus favors Employment Change to recover to +112.5K from -227.7K. The effective rate factors in people working zero hours and those who have dropped out of the labor force [...]
