The presentation of V12 Trading looks so simple as for this type of service. The main statement informs us that it is “Simply The Best Trading Signals Out There” and that we can obtain “+3500 pips monthly.” Let’s check if this is true. Detailed Forex Robot Review The claim about active and VIP members is several months old.V12 Trading has over eight years of … [Read more...] about V12 Trading Review
US Dollar the De-Facto Global Currency Status At Risk Amid China And Russia Pressure
The US dollar is in a class of its own, given its role in the global financial system and global economy. It is the most traded currency in the $6 trillion currency market and doubles up as the preferred means of finalizing global markets transactions. It thus does not come as a surprise that it is often referred to as the de-facto global currency or reserve … [Read more...] about US Dollar the De-Facto Global Currency Status At Risk Amid China And Russia Pressure
U.S Jobless Claims Unexpectedly Rise above Estimates
U.S jobless claims in the week ending February 13 totaled 861,000, an increase of 13,000 from the previous week level, according to the Department of Labor press release. The figures were higher than expected 773,000 while the continuing claims fell by 64,000. First-time filings for unemployment insurance surged last week revealing signs of continuing strains in the labor … [Read more...] about U.S Jobless Claims Unexpectedly Rise above Estimates
USD/JPY: Dollar Gains With the Rise in 10-Year Treasury Yield
The US dollar has risen against the Japanese yen, with investors optimistic about Biden's stimulus.The US 10-year treasury rate has grown by 1.30%, while Japan's government bond interest rate is at 0.08%Japan may see positive inflation growth of 0.3% in 2021. The USD/JPY rose 3.18% to 105.867 on February 17, 2021, and YTD due to the increase in the US-10-year treasury yield. … [Read more...] about USD/JPY: Dollar Gains With the Rise in 10-Year Treasury Yield
U.S Retail Sales Rose 5.3% in January on Stimulus Impacts
U.S retail sales jumped 5.3% in January as consumers flocked to spend their stimulus checks, according to the Census Bureau press release. The retail sales were higher than expected rise of 1.2%. Excluding autos, sales rose 5.9%, beating an estimate of 1%The surge in consumer spending come when expectations for growth in the early part of 2021 were muted as the … [Read more...] about U.S Retail Sales Rose 5.3% in January on Stimulus Impacts