Source: Federal Reserve Officials of the Federal Reserve hinted at the possibility of a pause on policy tightening later this year to evaluate the impact of the latest moves. QQQ is up 0.36%, and SPY is up 0.65% premarket. Minutes of the latest Fed meeting indicated that officials found that an expedited tightening would bring the Fed “well-positioned” to look into the … [Read more...] about Fed Hints at Possible Pause of Tightening Later This Year
EA Thomas Review
EA Thomas is a trading advisor that can be found on MQL5. The presentation provides us with explanations about how the system functions and why we have to expect it. So, we are going to tell you how useful this robot is. Detailed Forex robot review The presentation includes various information about the system that we united in the following list. The … [Read more...] about EA Thomas Review
Grid Trading With Crypto Bots – How It Works and Why You May Want It
Range bound markets are some of the best to trade as the price fluctuates within well-defined limits. While cryptocurrencies are known for heightened volatility, once in a while, they move sideways. The grid trading strategy is one of the best for profiting whenever such instruments are not trending. The well-defined lower and upper limit where price oscillates makes it easy … [Read more...] about Grid Trading With Crypto Bots – How It Works and Why You May Want It
US Durable Goods Orders Rise by $1.2B in April
Source: Census Bureau The US recorded a total of $265.3 billion worth of durable goods orders in April, accelerating by 0.4% or $1.2 billion. The orders rose by 0.6% in March. SPY is up +0.46%, DXY is up +0.40%. The durable goods orders are estimated to have increased by 0.3%, excluding transportation. Transportation was the main driver of durable goods orders, with a … [Read more...] about US Durable Goods Orders Rise by $1.2B in April
Mortgage Applications Fall Further Despite Decline in Rates
Source: Mortgage Bankers Association Mortgage applications declined in the past week even as rates were slashed further, as the data from the Mortgage Bankers Association (MBA) showed. XHB is down 0.24%, while ITB is down 0.25%. The volume of mortgage loan applications slipped by 1.2% from the previous week on a seasonally adjusted basis and by 2% on an unadjusted … [Read more...] about Mortgage Applications Fall Further Despite Decline in Rates
