GOLD and SILVER Lose Strength
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
Tag - usd
British Pound Continues to Struggle to Get off the Floor
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!
Main market news on September 11
The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.
Euro Remains Strong after ECB
ECB President Lagarde offered EUR/USD a free pass to head higher.
September 11: no stopping for the EUR
The ECB confirmed they are not planning to change the course of the EUR: all aboard!
ECB Decision
ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.
Commerzbank’s forecasts on rand
Commerzbank announced its short- and long- term projections on the South African rand. Let’s discuss it in detail.
USD/MXN: retrocession
The Mexican peso can have a breather as the USD is losing its grip. Read the article and use what you see.
Markets Looking for Direction
With no major U.S. economic reports scheduled for release today, the U.S. dollar is set to take its cue from political and pharmaceutical headlines.
ECB Monetary Policy Time
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
Markets await ECB's statement
The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!
September 10: ahead of ECB meeting
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
