EUR/USD ended the day higher above 1.1800
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading slightly below the cloud…
Calm Markets before 2020 United States Presidential Debate
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAU/USD: Gold moves day by day lower. Gold struggles now to touch even the 23.6% retracement area which seems to be a hope for bulls.
EU Market View
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street. US House Speaker Pelosi thinks a coronavirus stimulus deal is still possible and suggested that Democrats will make a new ‘proffer’ to US Treasury Secretary Mnuchin. Looking ahead, highlights from the macroeconomic calendar include ECB's Schnabel, Lagarde, Fed's Mester speeches.
EU Key Point
- Spain reportedly to revise lower its 2020 GDP forecast to -11%
- Nikkei 225 closes higher by 1.32% at 23,511.62
Michael Eliades
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The Federal Reserve will conclude its two-day meeting on monetary policy today.
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EUR/USD ended the day higher above 1.1800
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading slightly below the cloud…
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It's All About The Fed Today
All eyes are headed towards the Federal Reserve's decision today, which is likely to have a notable impact on the markets, depending on what the Fed decides to say.
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