Tag - jpy - japanese yen

European stock markets traded mixed early Thursday, with strong industrial data supporting the German market while the Bank of England kept monetary policy unchanged, offering up a more pessimistic outlook.

Asian equity markets traded mixed amid a lack of fresh catalysts and with the region failing to take advantage of the mild tailwinds from Wall Street.

In the United States, the economy was contracted by (worst-ever) 32.9% in the second quarter in 2020, crushed by COVID-19 lockdowns in 2nd quarter.

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.

EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.

The pair sharply dropped to the one-month low. Will it keep falling further?

Thanks to the deterioration of the Sino-American relations, the JPY, the USD, and gold are rising while the rest go down.

Yet another volatile session in the markets…

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!

The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!

The market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.