Jump in for the fresh analysis of EUR/USD, S&P 500, GBP/USD and gold!
Tag - gbp
Donald Trump announced on Friday that he had been positively tested on Covid-19. However, yesterday doctors announced that his health improved. As a result, safe-haven assets dipped, while riskier currencies and stocks got a boost.
While Donald Trump is praising his supporters and sees "miracles coming down from God" in how America is becoming great again, here is how market reacts to his sickness.
Very muted market reaction after NFP. However, given the margin of error some of the recent prints have seen (in relation to consensus estimates), this can be considered a rather "in-line" release.
The market has become more optimistic and the USD corrected down. But for how long? Watch the video to find out!
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
Today the main focus of USD traders will be on the debates between the Democrats and the Republicans ahead of the presidential election. What does it mean for the USD?
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.
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.