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.
Tag - aud - australian dollar
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…
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!
Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.
The next week may definitely be called Australian due to the huge amount of economic releases.
EUR/USD tested lower levels as risk sentiment worsened and traders looked forward to the ECB meeting. Watch the video to get trade ideas!
We are long used to see Forex as the USD's dominion. Is that going to change soon?
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
The USD loses its grip over currencies as lighter moods enter the market.
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
What is going to move the market this week?