The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.
Thanks to the deterioration of the Sino-American relations, the JPY, the USD, and gold are rising while the rest go down.
Yet another volatile session in the markets…
EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!
The EU leaders agreed on a recovery fund and Oxford University has created a coronavirus vaccine. How will this news influence the market today? Watch the video to find out!
What will the EU leaders decide? Are we on the edge of another lockdown? Watch the video to learn the targets for EUR/USD and gold!
Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.
The market sentiment is mixed ahead of the US consumer sentiment report. Look for trade ideas!
EUR/USD tested lower levels as risk sentiment worsened and traders looked forward to the ECB meeting. Watch the video to get trade ideas!
The market is waiting for the BOC rate statement...
The market sentiment deteriorated amid fresh US-China tensions. Also, investors remain cautious as increasing virus cases may damage economic activity again. Stocks and risky currencies dropped, as well as gold. These days the yellow metal tends to move together with risk assets.
Risk-on is back on the market. EUR, GBP and stocks are in favor. Gold is rising too as investors try to hedge their risk investments.