European stocks moved higher in the beginning of the session on Tuesday

European stocks moved higher in the beginning of the session on Tuesday

2020-08-26 • Updated

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Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair is about to surpass the Tenkan Sen level. If that happens, the bullish sentiment most likely will be in force.

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US Market View

European stocks moved higher in the beginning of the session on Tuesday, following the trend of the markets in the United States and Asia Pacific.

The United States dollar dropped, and the Australian dollar and Chinese yuan rose after the U.S. and China both hailed a phone call between their senior trade officials as a success.

US Key Point

  • European stocks moved higher in the beginning of the session.
  • The United States dollar dropped.

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The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.

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