Equities Keep more Cautious on the Session
European stock markets largely weakened Friday, with investors concerned that the second wave of Covid-19 cases will halt the region’s nascent recovery.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
US Job Claims Keep Markets Skeptical
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
British Pound a Little Higher on the Day
The GBP is likely to move upward until it reaches the resistance of 1.2795.
Rabobank forecast: AUD will fall further
The aussie is expected to plummet for the next six months. What is the reason?
Dollar keeps firmer
Jump in for the fresh analysis of EUR/USD, AUD/JPY, NZD/JPY and silver!
The USD is the Strongest and the AUD is the Weakest
The dollar hit a two-month high against its developed-market peers..
Dollar Pares Early Gains, Stock Market Moves Higher
Europe's economy is stalling again as rising numbers of Covid-19 infections interrupt the return to normal life.
Cable Extends Fall to Fresh Two-Month Low
UK's Raab supports that virus restrictions are serious, proportionate
USD/JPY Tries to Stay Below the 100-hour MA
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.
Fed Chair Powell Testifies
Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
Japanese Yen Skyrockets
The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
Dollar Erases Losses as Risk Aversion Grips
European shares fell on Monday as rising COVID-19 infection rates in Europe prompted renewed lockdown measures in some countries, casting doubt over the economic recovery, with a lack of U.S. stimulus also weighing on sentiment.
