The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.
Tag - brexit
Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.
The market sentiment is mixed, but there are still interesting movements on the market.
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.
The US dollar turned to the upside on Monday. Let's discuss what to expect next from the market.
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
The JPY is the strongest and the GBP is the weakest as the European afternoon session begins. Jump in for the fresh analysis!
It’s possible that the EU and the UK can’t make a deal. Let’s look at how this scenario will impact the pound.
GBP/USD has just broken the key resistance of 1.3600. What’s next?
UK PM Johnson: It is looking very, very likely we will have a no-deal Brexit
The British pound outperformed the euro and the US dollar after the better-than-expected PMI. However, Brexit deadlock pushed the GBP down.
Goldman Sachs advised investors to go long on the pound vs the euro. How far may EUR/GBP drop? Let’s find out!