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.
Tag - brexit
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.
It’s possible that the EU and the UK can’t make a deal. Let’s look at how this scenario will impact the pound.
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…
GBP/USD is heading for the fifth week of gains. Will the rally up continue or stop?
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…
Market news for the first week of December
U.S. stocks are set to open higher Friday, although gains are likely to be limited with the market set to close early in the aftermath of the Thanksgiving Holiday.
The pound gained due to upbeat UK’s PMI and vaccine news. Let’s analyze the chart.
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The worse-than-expected US retails sales pushed the USD down. How to trade today?