Lagarde pushed the euro to the downside, while US debates underpinned the USD.
Tag - eur
Asian shares crept higher on Wednesday after data showed China's economic recovery gathering steam, but a chaotic first U.S. presidential debate between President Donald Trump and Democrat Joe Biden weighed on the mood.
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 first resistance trendline area 1.1680
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
EUR/USD has violated the pivot point and stands next to the resistance area 1.1680
So the pound went all-in bullish yesterday on Brexit hopes. While these hopes still have to manifest, the GBP will have to defend its positions now.
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.
USD/CHF gets higher, GBP/USD may try to test higher levels as well. AUD/USD found support. Watch the video to learn more about the major pairs!
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.