Source: Bureau of Economic Analysis The United States deficit widened in the second quarter, as surpluses services and primary income were outweighed by the drop in secondary income. DXY is down 0.05%. The current account deficit stood at $190.3 billion in the second quarter, up by $0.9 billion or 0.5% from the $189.4 billion the previous quarter.The deficit is equivalent … [Read more...] about US Second-Quarter Deficit Widens to $190.3 Billion
US Housing Starts Rebound as Permits Jump to Four-Month High
Source: US Census Bureau American housing starts posted a slight growth in August, as permits climbed to a four-month high. XHB is down 0.40%, while DXY is down 0.06%. Housing starts stood at 1.615 million, up 3.9% from July’s 1.554 million and 17.4% higher than 1.376 million in August 2020.Single-family housing starts fell to 1.076 million from July’s 1.107 million, but … [Read more...] about US Housing Starts Rebound as Permits Jump to Four-Month High
Red Fox EA Review
Red Fox EA is an expert advisor that was released not so far ago by My EA Academy, a brand of Sinry Advice. So, we don’t expect to see a good and well written presentation. The devs insisted that “Red Fox EA is able to analyze technical and fundamental data.” Detailed Red Fox EA review We have united all useful, according to our vision, information that should help you to … [Read more...] about Red Fox EA Review
Builder Confidence Posts Slight Rebound After Three-Month Decline
Source: NAHB Builder confidence posted a slight rebound in September, on the back of cheaper lumber and high housing demand. DXY is up 0.13%, while ITB is down 1.84%. The NAHB/Wells Fargo Housing Market Index stood at 76 in September, up from 75 in August. This follows three straight months of declines.Increases were also seen in the indices tracking current sales … [Read more...] about Builder Confidence Posts Slight Rebound After Three-Month Decline
USDCHF Forecast: Evergrande, SNB, and Fed in Focus
The USDCHF price held steady at the highest level since April as Evergrande contagion risks remained. Investors are also waiting for the upcoming Swiss National Bank (SNB) and Federal Reserve (Fed) interest rate decisions. It is trading at 0.9325, which was about 4.40% above the lowest level this year. Evergrande contagion risks The USDCHF pair rose on Monday as the … [Read more...] about USDCHF Forecast: Evergrande, SNB, and Fed in Focus
