GBP/USD : sellers eye key support on break below 1.4000 after the FOMC
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
Japanese Yen Skyrockets
Information is not investment advice
Ichimoku Kinko Hyo
EUR/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 has made a full correction. The risk averse does not help gold today.
US Market View
Stocks are set to tumble on a cocktail of bad news: the virus is surging again in Europe, while the death of Supreme Court Justice Ruth Bader Ginsburg threatens to distract lawmakers from the business of passing a fiscal stimulus package.
US stock markets are set to open sharply lower on Monday, weighed down by a cocktail of news, not least by suspicions that the death of Supreme Court justice Ruth Bader Ginsburg at the weekend will distract lawmakers from the urgent task of approving a new package of economic support measures
US Key Point
- The JPY is the strongest and the NZD is the weakest
- Fed's Kaplan supports that once US gets to the point of lower unemployment; not sure rates stay at zero
- UK chief medical adviser Whitty supports that it is difficult to balance between the virus and the economy
Michael Eliades
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