Tag - usd

The GBP struggles as Great Britain imposes fresh lockdown measures in order to prevent the spreading of Covid-19.

UK's Raab supports that virus restrictions are serious, proportionate

US Initial jobless claims will be announced on Thursday at 15:30 MT time.

The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.

The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.

Bank of England Governor Andrew Bailey delivered a speech today. Let’s discuss what it means for a trader.

Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.

Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.

The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.

All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!

The New Zealand interest rate is announced on Wednesday at 05:00 MT time.

European shares fell on Monday as rising COVID-19 infection rates in Europe prompted renewed lockdown measures in some countries, casting doubt over the economic recovery, with a lack of U.S. stimulus also weighing on sentiment.