How to trade on August 4?
The market sentiment improved amid the slowdown in virus cases. Let's have a closer look at the AUD, S&P 500, gold and the GBP.
Tag - gbp
August 4: S&P 500 and Nasdaq surged
The current slowdown in new virus cases in the USA improved the market sentiment. Sino-American tensions are escalating. Let's have a closer look at the AUD, S&P 500, gold and the GBP.
GBP/USD looks persistent
GBP/USD formed a pin bar with a long lower shadow – a short-term bullish sign.
Weekly Market Outlook: August 3-7
Everything you need to know for the first week of August
August 3: USD fights back... a bit
The oversold dollar has gained versus the major currencies, but will it be able to keep on? Watch the video to find out!
Main market movements on July 31
The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.
July 31: S&P 500 surged after positive earnings reports
EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
July 29: USD's timeout
The USD has stopped its depreciation against riskier assets... for a while.
July 28: some joy for the USD
The USD has finally tried to strengthen versus other major currencies…
GBP/USD is eyeing 1.30
The British pound is climbing up for the 7th day in a row. Will it keep rallying?
July 27: gold at the all-time highs
The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.
GBP: two factors
GBP/USD seems to be bouncing downwards. Where will that end?
