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Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Australian dollar runs higher on positive risk tone

Australian dollar runs higher on positive risk tone

Information is not investment advice

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Ichimoku Kinko Hyo

USD/JPY: The pair is trading above the cloud. Further bullish pressure will lead the currency pair to retest the previous highs.

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Fibonacci Levels

 XAG/USD: Silver bulls after the recent rally step back and send prices lower at 23.6% retracement area.

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European Market View

Asia-Pac bourses traded positively as the region took impetus from the record highs on Wall St. Asian shares rose to a record high and U.S. stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus.

White House on Tuesday offered Democrats a $916 billion pandemic stimulus proposal that would meet their demand to provide some relief to state and local governments and include liability protections for businesses that have been a top priority of Republicans. The original $2.2 trillion stimulus law enacted in March distributed a round of $1,200 stimulus checks and established the enhanced unemployment benefits at $600 a week through July, which President Trump later extended at $300 a week for most workers.

EU Key Point

  • UK's Gove on Brexit: I hope we will get a trade deal
  • Germany October trade balance €19.4 billion vs €18.5 billion expected
  • Germany reports 20,815 new coronavirus cases in the latest update today. 

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