GBP got support after BoE's report
Bank of England Governor Andrew Bailey delivered a speech today. Let’s discuss what it means for a trader.
Tag - usd
Fed Chair Powell Testifies
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.
September 22: USD is on rise, while riskier assets are dipping
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!
Dollar Erases Losses as Risk Aversion Grips
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.
Weekly Market Outlook: Sep 21-25
Which currencies are the most interesting this week? How to trade EUR/USD, GBP/USD, and USD/JPY? Watch the video to find out!
September 21: Risk-off sentiment is dragging indices lower
The fears of a second Covid-19 wave and of an insufficient stimulus pulled the global indices down…
Risk Mounts Ahead of US Election
Asian equity markets were subdued, and US equity futures traded choppy after last Friday’s losses on Wall Street.
NZD surged to highs of 2019
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
Around 5 million British jobs remained fully or partly on furlough at the end of July.
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
The black gold looks set for the first weekly rise in three weeks
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
Levels to trade EUR/USD
EUR/USD has turned up from the 50-day MA at 1.1715 yesterday. This is a sign that buyers are strong. Still, the short-term resistance line limits the upside at 1.1870.
USD/JPY: selling may continue
USD/JPY is declining for the fifth day in a row. When the pair fell below 105.00, it entered a new, lower range.
