The positive sentiment in the US equity market continues
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
Tag - eur
August 26: USD steady
The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.
European stocks moved higher in the beginning of the session on Tuesday
EUR/USD has tested the hurdle at 1.18431 in today's session
August 25: S&P set record high
The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!
German IFO expectations for August
EUR/USD is gyrating the pivot point at 1.18078
Travel and airline sectors are expected to rise in today’s session
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
EUR/USD is heading to upside
The most traded pair has started the week on the positive footing. What are the forecasts?
August 24: Tight ranges
Monday's session started with pairs trading in ranges…
Weekly Market Outlook: August 24-28
The last summer days... Let's draw some conclusions from what we have seen since June so far and check our tactical market lense.
European stocks traded slightly lower on Friday afternoon
The NZD/JPY pair is trading within the cloud. A failed attempt to move higher will push the market to exit the Kumo, confirming a bearish scenario.
Brexit dead end: GBP sharply dropped
The British pound outperformed the euro and the US dollar after the better-than-expected PMI. However, Brexit deadlock pushed the GBP down.
Global PMIs will be released today
The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
