February 12, 2021


Africa & Middle East

Forex: Trading Summary 9.2.2021 | FXstreet.cz

Shares in the United States began the week rising to new records. New stimulus measures and opportunities for continued vaccinations have raised investor confidence that the pace of economic recovery from the recession may be faster. Dow Jones and S&P enjoyed growth for the sixth consecutive session, their longest growth period since August.

The Dow Jones Industrial Average rose 237.52 points, or 0.76 percent, to 31,385.76. The Broad Standard & Poor’s 500 Index was up 28.76 points, or 0.74 percent, at 3,915.59. The Nasdaq Technology Market Index is up 131.35 points, or 0.95 percent, at 13,987.64 points.

Finance Secretary Janet Yellen said the United States could return to full employment next year if Congress approves the president’s $ 1.9 trillion aid package. Hopes for a new aid package rose on Friday as the Senate passed a resolution on government spending that would show $ 1.9 trillion in support for the Corona virus operation.

Energy companies performed better yesterday as oil prices rose for more than a year. Of the 11 major sectors in the S&P 500 index, six saw growth.

Shares of Walt Disney, Cisco Systems and General Motors have rallied this week to post earnings results. Shares of Tesla also rose, announcing that it has invested about $ 1.5 billion in cryptocurrencies and will begin accepting Bitcoin payments.

The financial results publishing season is half over. So far, 294 companies have reported financial results, 83 percent of which exceeded analysts’ expectations, according to Reuters.

The U.S. dollar weakened slightly against the basket yesterday after falling on Friday on weak data on job creation in the United States. However, analysts continue to expect the US economic recovery to be faster than many other countries.

The dollar index, which monitors the performance of the US dollar against the basket of six major world currencies, fell 0.1 percent to 90.95 points. The exchange rate of the Euro against the US Dollar remained virtually unchanged at around 1.2051 Euro / USD. The US dollar was down 0.2 percent at 105.21 against the Japanese yen and the euro was down 0.1 percent against the Japanese yen at 126.80 euro / jp.

READ  Biden called on the Chinese president for the first time. Criticized Hong Kong activities and business practices iROZHLAS

Growth of EUR / USD currency pair (1-hour chart – H1):

Growth of EUR / JPY currency pair (1-hour chart – H1):

Growth of USD / JPY currency pair (1-hour chart – H1):

Development of the USDX Dollar Index (1-hour chart – H1):

Source: Reuters, ČTK, MT4

read more

  • Forex: Trade Summary 9.1.2018

    U.S. stocks closed yesterday with no significant changes. Investors are now waiting for reports on the performance of US companies in the last quarter of last year and new data on the growth of the US economy.
  • Forex: Trade Summary 9.1.2019

    U.S. stocks strengthened for the third time in a row yesterday. Technology companies and industrial companies have contributed greatly to their growth. The mood in the stock markets was supported by the hope for a trade agreement between the US and China.
  • Forex: Trading Summary 9.1.2020

    U.S. stocks strengthened yesterday as fears of escalating tensions between the United States and Iran eased. The S&P 500 and Nasdaq stock indices hit new highs during the day. However, at the end of the trade, a portion of the profits were lost after reports of explosions in Baghdad. The US dollar also strengthened yesterday on positive data on the growth of the US labor market.
  • Forex: Trade Summary 9.12.2014

    Financial markets were under pressure during yesterday’s trading session due to the fall in oil prices for the new five-year period …
  • Forex: Trade Summary 9.12.2015

    U.S. stocks weakened yesterday. The collapse was mainly caused by energy companies, which relied on others …
  • Forex: Trade Summary 9.12.2016

    Shares in the United States continued to rise, with all three major indices rising to new records. The report on improving the number of applicants for unemployment benefits contributed to the growth, which supported the upward trend triggered by Donald Trump’s victory in the presidential election a month ago.
  • Forex: Trading Summary 9.12.2020

    U.S. stocks strengthened yesterday on reports of Govt-19 vaccines. Uncertainty over the US economic aid package has prevented high profits.
  • Forex: Trade Summary February 9, 2016

    Shares in the United States began the new week with a decline. Concerns about global economic growth are the reason for this …
  • Forex: Trade Summary February 9, 2017

    U.S. stocks closed yesterday without any major changes. The Dow Jones Industrial Average weakened slightly, while the S&P 500 and Nasdaq rose slightly. Investors’ attention is now focused on the company’s decisions and the economic policy of the new US President Donald Trump.
  • Forex: Trade Summary 9.2.2018

    U.S. stocks fell sharply yesterday, with their key indices falling four percent. Investors are worried about rising inflation and interest rates. However, the internet company Twitter was thankful for the surprisingly positive economic results.
  • Forex: Trade Summary March 9, 2016

    US stock markets weakened yesterday due to unfavorable reports on China’s foreign growth …
  • Forex: Trade Summary March 9, 2017

    U.S. stocks mostly weakened yesterday. They were pushed down mainly by energy companies, which experienced a sharp decline in almost half a year due to cheap oil. On the other hand, shares of finance and pharmaceutical companies went up. The US dollar has reached a five-day high against the euro due to the possibility of rising interest rates.
  • Forex: Trade Summary March 9, 2018

    U.S. stocks strengthened the U.S. president’s more moderate approach in introducing obligations on aluminum and steel. Contrary to the original plans, according to Donald Trump’s statement yesterday, this does not apply to Mexico and Canada, and each country will have the opportunity to negotiate special terms. The euro weakened in the foreign exchange market.
  • Forex: Trade Summary 4/9/2014

    On Tuesday, after a meeting of the Bank of Japan’s currency committee, the Japanese yen strengthened and …
  • Forex: Trade Summary 4/9/2015

    Yesterday’s minutes from the last meeting of the US Federal Reserve (Federal) showed that the central bank is going to increase …
  • Forex: Trade Summary 4/9/2019

    Shares in the U.S. stock market yesterday dragged the industrial sector led by aircraft manufacturer Boeing. The market was hit by analysts’ opinion that companies will show year-on-year decline in the first quarter of this year, which is the first quarter decline since 2016.
  • Forex: Trading Summary 9.4.2020

    U.S. stocks strengthened yesterday. It helped them in the hope that the corona virus epidemic would reach its peak in the United States. The resignation of Democratic nominee Bernie Sanders has led to a surge in shares of health insurance companies.
  • Forex: Trade Summary May 9, 2013

    The European currency strengthened against the dollar and the yen on Wednesday. Euro supported by positive data from German industry …
  • Forex: Trade Summary May 9, 2014

    In the foreign exchange market, the euro rose to a two-and-a-half-year high against the US dollar on Thursday.
  • Forex: Trade Summary May 9, 2018

    Shares in the United States closed almost unchanged. At the same time, they have wiped out previous losses due to the recovery of energy companies following Donald Trump’s announcement that he was withdrawing from the international nuclear deal with Iran. The US president thus confirmed what most investors expected.
READ  Dubois is getting ready for his debut. He should start against Coal