The market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.
Tag - gold
Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.
Gold prices tend to rise together with risky assets as investors try to hedge their exposure to stock investments.
The market sentiment is mixed ahead of the US consumer sentiment report.
The market sentiment is mixed ahead of the US consumer sentiment report. Look for trade ideas!
EUR/USD tested lower levels as risk sentiment worsened and traders looked forward to the ECB meeting. Watch the video to get trade ideas!
Optimism about the Moderna vaccine improved the market sentiment. Let’s have a closer look, what’s happening today.
What happened? Gold was just above $1 800, now - back down below?
The market sentiment deteriorated amid fresh US-China tensions. Investors remain cautious as increasing virus cases may damage economic activity again.
The market sentiment deteriorated amid fresh US-China tensions. Also, investors remain cautious as increasing virus cases may damage economic activity again. Stocks and risky currencies dropped, as well as gold. These days the yellow metal tends to move together with risk assets.
Stock indexes and gold are setting new highs, the USD is going through challenging times and the CAD and the EUR await decisions of their central banks. Watch the video to prepare for this week's trading!
Risk-on is back on the market. Riskier currencies and stocks are in favor. Gold is rising too as investors try to hedge.