Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.
Tag - eur
Risk looking positive as we enter European session.
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.
ECB President Lagarde offered EUR/USD a free pass to head higher.
The ECB confirmed they are not planning to change the course of the EUR: all aboard!
ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!