GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to the resistance area of 1.3045.
Tag - jpy - japanese yen
Read the article to get fresh analysis of EUR/JPY and AUD/JPY!
Read the article to get technical analysis of EUR/USD, USD/JPY and gold!
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.
ECB Says ECB Work on a Digital EURO
Have a look at what the JPY is doing to its peers...
Hopes for stimulus on both sides of the Atlantic were dashed by Trump contracting COVID-19. The USD is in the focus again.
The market has become more optimistic and the USD corrected down. But for how long? Watch the video to find out!
US final GDP for 2Q -31.4%% vs -31.7% estimate
Asian shares crept higher on Wednesday after data showed China's economic recovery gathering steam, but a chaotic first U.S. presidential debate between President Donald Trump and Democrat Joe Biden weighed on the mood.
USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.