Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD can correct more
EUR/USD can correct more

EUR/USD fell below 1.1850 after reaching 1.1920 on Monday. The pair consolidated after the initial bearish move.

USD entering a short period of consolidation
USD entering a short period of consolidation

Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highs.

USD moves lower after US equity indices advance
USD moves lower after US equity indices advance

Stocks surged, oil prices jumped and the US dollar lost strength on Monday as expectations of fewer regulatory reforms and more monetary stimulus under US President-elect Joe Biden supported risk appetite.

GBP Remains Under Pressure
GBP Remains Under Pressure

Asia equity markets take impetus from the tech-led rally in US as further results of the US election trickled in which shows Biden in the lead.

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