The year 2020 is finally coming to an end. Finally. Let’s see what happened in the Forex market during that year and try to figure out what may happen in the next one.
Technical Analysis
Information is not investment advice
EUR/JPY is now in the resistance zone. Are we to expect it go down from there?
Asian equity markets follow suit to the mixed performance in the US where sentiment was pressured and DJIA pulled back from record highs amid lockdown concerns.
The dollar headed lower in early European trade Monday
European stock markets are seen opening mixed Monday, with investors adopting a cautiously optimistic stance after Brexit negotiations were extended past the Sunday deadline.
UK PM Johnson: It is looking very, very likely we will have a no-deal Brexit
The British pound is going down. To where?
The BOJ is likely to extend corporate funding aid schemes. Jump in to get the fresh analysis!
ECB Lagarde: The economy seen shrinking in Q4, with the services severely curbed
Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting
Will the AUD keep pushing to the upside or go into a bearish reversal?
The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.