U.S. seasonal unemployment claims dropped to 712,000 last week as restrictions across the country were eased, according to data released by the Department of Labor. The previous week's level was revised higher to 754,000, bringing the four-week average to 759,000 versus the previous week's average of 793,000.The advance seasonally adjusted insured unemployment rate was 2.9% … [Read more...] about U.S. Unemployment Claims Fall to 712,000
Red Hawk Review
Red Hawk is a robot that was released half a year ago on October 12, 2020, by Wim Schrynemakers on the MQL5 community. The current version is 1.9. The last time the robot was updated on January 12, 2021. Detailed Forex Robot Review There are quite many strategies, settings, and features explanations: The robot works automatically for us.There’s an MT5 version … [Read more...] about Red Hawk Review
Step-by-Step Guide to Trade the Broadening Bottoms
Introduction A broadening bottom is a chart pattern formed by two divergent horn-shaped lines moving between horizontal and vertical directions. The shape forms a symmetrical triangle or a wedge that increases over time. They describe a short-term bullish reversal from a bearish trend. The price action of the stock opens outward after it begins forming the broadening … [Read more...] about Step-by-Step Guide to Trade the Broadening Bottoms
Mortgage Loan Applications Plummet As Rates Climb
Mortgage refinance applications descended by 43% last week versus the same week in 2021, according to the Mortgage Bankers Association's seasonally adjusted index. The latest data is the first year-on-year drop since March 8, 2019. Mortgage rates plunged in 2020 on COVID-19 fears, driving a spike in refinance demand.Applications last week fell 5% from the previous week. The … [Read more...] about Mortgage Loan Applications Plummet As Rates Climb
U.S. Inflation Clocks In Slower Than Forecast In February
The U.S. core consumer price index rose 0.1% in February to fall below market expectations and signal that pressures remain tame, according to Bureau of Labor Statistics data. The core consumer price index which excludes volatile items, increased 1.3% from a year earlier. Growth was reported in the indexes for shelter, recreation, medical care, and motor vehicle … [Read more...] about U.S. Inflation Clocks In Slower Than Forecast In February