Forex News

Key information updates for profitable trading

Risk-on is back

The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.

Fears over no-deal Brexit pushed GBP down

All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.

Strong EUR vs weak USD

S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.

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