There are a lot of movements in the currency market now - therefore, a lot of opportunities. Let's see how the USD trades against its peers and how to use that in the short-term.
Daily Market Analysis
U.S. stock markets are set to open higher amid the prospect of an end in sight to uncertainty over the election and the incremental good news on the vaccine front.
The pound gained due to upbeat UK’s PMI and vaccine news. Let’s analyze the chart.
What's the outlook for the gold price in the long-term and the short-term perspective? Read and use the situation.
NZD/USD hit the two-year high. Will it keep rallying?
EU 'thinks Brexit deal 95% agreed' but anxiety remains
World stocks edged higher Friday as hopes of economic recovery ahead helped offset the blow dealt by the news that the US Treasury was ending emergency loan programs.
The South African Reserve Bank left its interest rate unchanged. That allowed the rand to close green yesterday. What to expect today?
On Thursday, XAU/USD tested levels below $1 860, but then managed to close near the day’s high. The support in the $1 860/50 has been limiting the downside since the end of the summer.
Looking ahead, highlights from macroeconomic calendar include UK retail sales, Eurozone consumer confidence, ECB's Lagarde, Fed's Kaplan, Barkin, George speeches.
There is a mysterious W-shape in the S&P... Do you see it? If it works out the same way it did previously, the S&P is just a few days away from striking upwards in a confident march!
U.S. stock markets are set to extend Wednesday’s losses when they open later, on fears that the current wave of Covid-19 cases will weigh heavily on output in the final quarter of the year.