Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
GBP Gains Slightly Despite No Deal Uncertainty
Information is not investment advice
Ichimoku Kinko Hyo
CAD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum
XAG/USD: Silver after a remarkable correction stands above 50% retracement area. The new stimulus should help gold to move higher.
EU Market View
Looking ahead, highlights from the macroeconomic calendar include Fed’s Powell, Clarida, Williams, Bostic and Harker, ECB’s Lagarde, Lane, Mersch, and de Guindos, BoE’s Broadbent and Cunliffe. UK officials are reportedly preparing to dilute PM Johnson’s Brexit legislation, in a move that could rekindle negotiations with the EU. Chinese government officials are warning the US they may detain US nationals in China in retaliation to the Justice Department’s prosecution of military-linked Chinese scholars, sources said
EU Key Point
- Lagarde supports that the options in our toolbox have not been exhausted
- Germany reports 4,325 new daily coronavirus cases in the latest update today
- China Q3 GDP comes at +2.7% q/q (expected +3.3%)
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?