Everything you need to know for the first week of August
Tag - gbp
The oversold dollar has gained versus the major currencies, but will it be able to keep on? Watch the video to find out!
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.
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.
The USD has stopped its depreciation against riskier assets... for a while.
The USD has finally tried to strengthen versus other major currencies…
The British pound is climbing up for the 7th day in a row. Will it keep rallying?
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/USD seems to be bouncing downwards. Where will that end?
EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!
The market is really bullish today. Let’s have a closer look.
The EU leaders agreed on a recovery fund and Oxford University has created a coronavirus vaccine. How will this news influence the market today? Watch the video to find out!