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CAD/JPY: The pair is trading below the cloud. Further pressure from sellers will lead the pair lower.
XAG/USD: Silver moves on 23.6% retracement level. It seems that silver buyers forming a bullish flag.
Democrat Joe Biden inched closer to winning the White House while President Donald Trump escalated his unprecedented efforts to cast doubt on the election's integrity.
Biden, the former vice president, was chipping away at the Republican incumbent's leads in Pennsylvania and Georgia even as he maintained narrow advantages in Nevada and Arizona, moving closer to securing the 270 votes in the state-by-state Electoral College that determines the winner.
The Bank of England increased its quantitative easing program by more than expected, paving the way for bigger government borrowing to deal with an expected double-dip recession.
The Bank expanded the envelope of its asset purchases by 150 billion pounds ($195 billion), or around 7% of U.K’s GDP, supporting that the economy to contract in the fourth quarter and to face extra headwinds at the start of next year from the end of the post-Brexit transition period.
World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.
USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?
Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.
World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.
USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?
Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.
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