S&P dropped to the one-month low amid the overall risk-off market sentiment.
Tag - fundamental analysis
GBP/USD has bounced off the key support of 1.30 and turned to the upside. The pound is widely anticipated to rally further amid rising hopes for the end of Brexit talks this weekend on Halloween.
The US dollar turned to the upside on Monday. Let's discuss what to expect next from the market.
The USD is trading at its 7-week low, and it looks like it will continue falling further. Why?
The US-Chinese relationship has been tense amid Trump’s governance, but if Biden wins, the situation may change. Let’s find out what it means for the Chinese yuan.
XAU/USD is edging higher, but may meet soon the strong resistance. What is the forecast?
The euro has started the week on a positive footing, surging to the key resistance of 1.1800.
The formation of the descending triangle pattern indicates further falling of USD/JPY!
USD/CNH has been steadily dipping, but downbeat China’s PPI and CPI limit the further falling.
Stock significantly surged: S&P 500 and Nasdaq reached 6-week highs. The market sentiment may deteriorate today as Johnson & Johnson’s Covid-19 vaccine trails have been stopped because of the unexplained illness.
Riskier assets and gold ended last week with huge gains due to the weak US dollar’s performance. Let’s discuss what will drive the markets today.
AUD/USD keeps rallying for the second day, but economic releases tomorrow may change the situation.