Source: Department of Labor American unemployment claims fell for the third straight week to mark the lowest level seen since the COVID-19 pandemic hit. DXY is up 0.09%, while Gold is down 0.07%. Seasonally adjusted initial claims for the week ending October 16 stood at 290,000, down 6,000 from the previous week’s 296,000.This is the latest reading since claims were at … [Read more...] about US Jobless Claims Hit Pandemic-Low for Second Straight Week
UK Manufacturing Nearly Unchanged in October
Source: CBI Manufacturing in the United Kingdom posted similar growth in the quarter to October and to September, with most subsectors reporting growth during the period. EWU is down 0.44% premarket. Output volumes in the quarter to October grew by 15%, nearly unchanged from the similar pace of 16% in the quarter to September.Growths were recorded in 11 out of the 17 … [Read more...] about UK Manufacturing Nearly Unchanged in October
Sodobe Scalper Review
Sodobe Scalper is a trading solution that was published on MQL5 by Nguyen Van Cho. The system was downloaded 391 times. The publishing date was on August 4, 2021. The current version is 3.1. Detailed Sodobe Scalper robot review The system has a list of settings that we decided to group up in the list below. The developer claimed that “Scalping solution … [Read more...] about Sodobe Scalper Review
Timing the Market vs Time in the Market
Timing the market is a trading or investing strategy where participants seek to buy assets when the price declines or short when the price rises. Time in the market, on the other hand, is the idea of buying an asset and hoping that it will keep rising in the longer term. People who use the latter strategy don’t care much about the short-term fluctuations of the asset. In this … [Read more...] about Timing the Market vs Time in the Market
German Central Bank Chief Jens Weidmann Steps Down
Source: Financial Times Germany’s central bank chief Jens Weidmann is set to step down just weeks ahead of the country’s general election. EWG is up 0.09%. Weidmann, one of the vocal critics of the European Central Bank’s ultra-loose monetary policy, decided to step down after a decade in his post.Weidmann said he believes that over a decade is a “good time” to start a … [Read more...] about German Central Bank Chief Jens Weidmann Steps Down
