Here's all you need to know about the battle between Reddit and Wall Street for GameStop.
Tag - s&p500
Jump in to know the key market events and trading ideas for this week!
USD’s rally takes a pause, while riskier assets are modestly rising.
The main market tendency today is that the US dollar is rising against its major peers and riskier assets such as stocks and oil are plummeting.
10-year US Treasury yields reached 1.15%, which is the highest level since March. Higher yields should increase the demand for the USD.
Today the US dollar regains yesterday’s losses. Jump in to get the fresh analysis of EUR/USD, GBP/USD, and gold!
According to Goldman Sachs, the stock rally will continue in 2021 as the global economy will regain pre-pandemic levels after the vaccine rollout.
The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.
S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.
EUR/USD, the S&P 500, gold, and oil - everything is here! Jump in!
All the interesting market movements are here!
Fresh analysis of EUR/USD, GBP/USD, S&P 500, and USD/JPY!