The stock market keeps rallying, the US dollar remains weak.
Tag - eur
EUR/GBP on track towards fresh nine-month lows. Cable stays on the hunt towards 1.4000 as the dollar keeps more vulnerable for now.
Bitcoin skyrocketed to another record, approaching the milestone of $50 000. Jump in to get the full market wrap!
Vaccine rollout, the slowdown in the pandemic, and expectations of stimulus in the United States push up the riskier assets and hurt the USD…
World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss.
Asian equity markets were subdued in holiday-thinned trade and following a mixed lead from Wall Street.
In the video, Elizabeth Belugina explores the technical opportunities in EUR/USD, GBP/USD, USD/JPY, speaks about gold, oil, and such stocks as Twitter, PepsiCo & GM.
US stocks are seen edging higher Thursday, continuing the recent strong rally after Fed chief Jerome Powell reaffirmed that the central bank’s monetary policy will remain supportive for some time yet.
The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.
The US dollar has seen some heavy fluctuation recently. Although it gained some strength here and there, mostly, it has been going weak against its main peers in the Forex market. Let's check it out.
The EUR might be pressed down by EU Economic Forecasts on February 11 at 12:00 MT time.
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!