Tag - gbp

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.

Bitcoin skyrocketed to another record, approaching the milestone of $50 000. Jump in to get the full market wrap!

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 UK will report its GDP on February 12 at 9:00 MT time. Let’s get ready for this release.

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 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.

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.

Dollar seems to be losing momentum while many currencies, commodities, and the S&P index are taking over local and all-time highs.

Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!