The Brexit deal may be reached soon and the GBP is surging amid pre-Christmas atmosphere
Tag - brexit
The USD continues dipping, while the GBP is rising on hopes for the Brexit deal done today.
US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.
There are three main market drivers these days: vaccine, Brexit, and US stimulus package.
Vaccine news, Brexit developments, and hopes for the US stimulus package are the main market drivers! How to start the week?
The ECB statement and US unemployment claims will be out today. How the market will react?
In a nutshell: no Brexit deal reached so far, the GBP is fluctuating.
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.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.
The risks of a no-deal Brexit increased with the Chief EU Negotiator Barnier's comments on the absence of a breakthrough in the Brexit deal…
S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.
The start of this week has driven the safe-haven assets down…