Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/GBP: Bullish trend remains strong
EUR/GBP: Bullish trend remains strong

A tentative mood was seen in Asia-Pacific bourses following the flat performance on Wall Street, whilst Chinese Caixin Services PMI printed its second-highest reading in a decade.

EUR/USD at 52 week high
EUR/USD at 52 week high

Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs

USD bulls try to resist
USD bulls try to resist

Fed's Powell said a slowing recovery and a surging pandemic meant the US was entering a "challenging" few months, with the potential deployment of a vaccine still facing hurdles.

EUR/USD hits a new 3 month high
EUR/USD hits a new 3 month high

Looking ahead, highlights from macroeconomic calendar include regional and national German CPIs, US Chicago PMI, OPEC meeting, ECB's Lagarde and BoE's Tenreyro speeches.

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