Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/TRY: centripetal acceleration
USD/TRY: centripetal acceleration

TRY recovered much of its value against the USD recently. Will the November 19 meeting of the Turkish Central Bank continue this recovery?

Cable eases to session lows
Cable eases to session lows

The global rally in stocks on the back of Pfizer’s vaccine news ground to a halt, as markets took on board the near-term challenges of a still-potent coronavirus

Cable climbs to fresh two-month high
Cable climbs to fresh two-month high

US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.

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.

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