Does the British pound have anything to say against the USD?
Tag - usd
Non-Farm Payrolls data will be released on Thursday at 15:30 MT time.
What will drive the market this week?
Investors are still indecisive between the second wave virus fears and smoother recovery hopes, so we have unsure shaky risk-on spots at a generally mixed market background.
The ECB’s president Christine Lagarde warned about the complicated economic recovery. Bears got stronger.
Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
USD/MXN and USD/TRY seem to be gathering powers before a new push. Where it is going to aim?
Investors stay optimistic despite the virus outbreak in the USA and worse-than-expected jobless claims.
During this relatively mild trading session let's look at the moves of USD/JPY, Gold and S&P 500.
The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.
The fresh coronavirus outbreak in Beijing waned. Economists upgraded their forecasts for the Chinese economic growth.
2020 is the final year of Brexit. Will the GBP improve once it's over?