British Pound Skyrockets Despite Fears
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.
Tag - cad - canadian dollar
USD/JPY Tries to Stay Below the 100-hour MA
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.
Fed Chair Powell Testifies
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.
Dollar Erases Losses as Risk Aversion Grips
European shares fell on Monday as rising COVID-19 infection rates in Europe prompted renewed lockdown measures in some countries, casting doubt over the economic recovery, with a lack of U.S. stimulus also weighing on sentiment.
Risk Mounts Ahead of US Election
Asian equity markets were subdued, and US equity futures traded choppy after last Friday’s losses on Wall Street.
NASDAQ Point a 3% Decline
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
CAD is in focus
Follow Canadian core retail sales on September 18 at 15:30 MT time!
Risk Off after FOMC Statement
USD strengthens further in the post-FOMC Asia session. Read the article to get fresh analysis of EUR/USD, GBP/USD, CAD/JPY and silver!
Choppy Markets in US Session
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
GOLD and SILVER Lose Strength
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
How deep may pound dip?
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.
JPMorgan advises to buy CAD against the GBP
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.