Tag - gbp

The poor labor data in combination with technicals pointing to the overbought area, GBP/USD has all chances to pullback down.

Will we see new dovish insights?

It looks like the final week of February will be volatile…

Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!

Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

The US stock market was closed on Monday for Presidents Day, but February is still on track to be the strongest month for the major Wall Street indices since November.

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.

While the S&P is coming to beat the never-seen-before epic mark of 4,000, there are those who say that it may be the last days of the stock market's glory before it plunges underground! In the meantime, oil is celebrating $60, gold keeps going lower, and more companies report their earnings this week.

Asia-Pac lacked firm direction as risk appetite was sapped by holiday closures for many key markets in the region and following an uninspired handover from the US.

The level of 23.6% Fibonacci retracement at 1.3795 is in the focus on the H4. The next level to watch on the downside is 1.3755.

World shares rose to new all-time highs overnight and European indexes strengthened, with market sentiment generally upbeat on the prospect of fiscal stimulus and vaccine rollouts and ahead of a speech by U.S. Federal Reserve Chair Jerome Powell.