Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD Steadily and Patiently Gains

Global shares stepped back on Wednesday as soft U.S. retail sales increase worries that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.

Moderna jumped to $100

Moderna published results of its’ Covid-19 vaccine, which prevented the infection by 94.5%!

AUD/USD: ready to rise?

The Australian economy gives a good recovery report. That may push the AUD even further. Read and discover.

RISK ON Increases Momentum Despite COVID

Global stocks eyed a fresh record high on Monday as signs of economic recovery in Asia, recent strong corporate earnings, and hopes of a COVID-19 vaccine bolstered investor sentiment.

US Dollar Losing Further Ground

Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan. There are just mountains of cash sitting on the sidelines and big hedge funds know it.

Dollar Holds Mildly Weaker

U.S. stock markets are indicated to open higher on Friday at the end of a topsy-turvy week in which the initial euphoria on finding an effective vaccine against Covid-19 has buckled under the weight of the bleak short-term outlook.

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