
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.
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.
It seems like the Fed meeting yesterday marked a final drop in the USD for now.
The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.
Where are we going with gold? Let's make a step back - or, rather, travel back in time to throw a strategic look at the gold price.
Gold is waiting to see what the US Fed says. And then... see the article to know, what's then.
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
The USD has stopped its depreciation against riskier assets... for a while.
Do you want to know more about the dynamics of gold and the US dollar this week? FBS analyst Nour Eldeen Al-Hammoury explains the key trends of the week in his new video.
The USD has finally tried to strengthen versus other major currencies…
Gold is eyeing $2 000, the EUR has reached 1.70 and other interesting market movements.
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.
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