The USD is the strongest and the CHF is the weakest

The USD is the strongest and the CHF is the weakest

2020-09-30 • Updated

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Ichimoku Kinko Hyo

CAD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.

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Fibonacci Levels

 XAU/USD: Gold during the last hours is trying to move higher and continues to stand above 23.6% retracement area.

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US Market View

World stocks fell and safer assets such as the yen and dollar found buyers on Wednesday after a chaotic first U.S. presidential debate and rising COVID-19 cases turned investors cautious, though strong factory surveys boosted China's markets.

President Donald Trump and Democratic rival Joe Biden battled over Trump's record on the coronavirus pandemic, healthcare, and the economy in a bad-tempered first debate marked by personal insults and Trump's repeated interruptions.

US stock futures had nudged higher early during the debate but then retreated as Trump cast doubt on whether he would accept the election's outcome if he lost. Asian trading had been choppy rather than outright weak but Europe main markets

US Key Point

  • ECB's Villeroy talked about symmetrical inflation target
  • US final GDP for 2Q -31.4%% vs -31.7% estimate

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