The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.
Tag - aud - australian dollar
The US election is the hottest topic nowadays, which makes the market volatile. Trump-Biden debates deteriorated the market sentiment and pushed stocks down. Jump in for the fresh analysis of the EUR, the AUD, the GBP and gold!
After Trump-Biden debates the market reaction was initially positive, but Trump's refusal to accept election results in case of Biden’s victory deteriorated the overall sentiment.
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries
The aussie is expected to plummet for the next six months. What is the reason?
Watch the video to discover the economic drivers and the technical levels for the key currency pairs!
Jump in for the fresh analysis of EUR/USD, AUD/JPY, NZD/JPY and silver!
Europe's economy is stalling again as rising numbers of Covid-19 infections interrupt the return to normal life.
Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.