The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.
Tag - aud - australian dollar
The US election is the hottest topic nowadays, which makes the market volatile. Trump-Biden debates deteriorated the market sentiment and pushed stocks down. Jump in for the fresh analysis of the EUR, the AUD, the GBP and gold!
After Trump-Biden debates the market reaction was initially positive, but Trump's refusal to accept election results in case of Biden’s victory deteriorated the overall sentiment.
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
The aussie is expected to plummet for the next six months. What is the reason?
Jump in for the fresh analysis of EUR/USD, AUD/JPY, NZD/JPY and silver!
Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!