All forex traders are interested in as many methods of making profits with the lowest risk possible. Discussions of new and relatively unknown strategies are constantly hot topics. One strategy that may not be popular in forex with the masses is the carry trade. The carry trade is a long-term type of speculating in forex involving some decent knowledge of the interest and … [Read more...] about The Carry Trade in Forex Explained
Sales of Previously Owned Homes Increases by 1.4% After 4-Straight Months of Declines
Source: National Association of Realtors. Sales of existing homes increased by 1.4% in June month-to-month after four straight months of declines to a seasonally adjusted annualized rate of 5.86 million units. EURUSD down -0.20%, DJI dips -0.19%. Sales were 22.9% higher compared with June 2020. The annual comparison is still slightly skewed towards pandemic restrictions … [Read more...] about Sales of Previously Owned Homes Increases by 1.4% After 4-Straight Months of Declines
US Mortgage Rates Fall For Fourth Straight Week
Source: Freddie Mac US mortgage rates declined for the fourth straight week to mark the lowest level in over five months, as COVID-19 concerns hit economic growth. VNQ is down 1.03%, while SCHH is down 1.07%. The 30-year fixed-rate mortgage averaged 2.78% for the week ending July 22. This is the lowest since February 11’s 2.73%.The 15-year fixed-rate mortgage stood at … [Read more...] about US Mortgage Rates Fall For Fourth Straight Week
Volatility Factor 2.0 Review
Volatility Factor 2.0 is an FXAutomater trading solution. The developer is a well-known company among Forex designers. The main claim is “The Most Powerful EA On The Forex Market.” We haven’t checked the robot for half a year or so. It’s time to figure out how it goes. Volatility Factor 2.0 Robot Review FXAutomater has the best presentation on Forex. We … [Read more...] about Volatility Factor 2.0 Review
American Unemployment Claims Climb More Than Expected to Hit Two-Month High
Source: US Labor Department US jobless claims climbed more than expected in the past week, hitting the highest level in two months. DXY is down 0.15%, while Gold is down 0.03%. Seasonally adjusted initial claims increased by 51,000 to 419,000 in the week ending July 17. This is above the 350,000 expected, and the highest since May 15’s 444,000.The previous week’s level … [Read more...] about American Unemployment Claims Climb More Than Expected to Hit Two-Month High
