Lots and lots of PMIs on Friday
PMI reports from the EU, the UK, and the USA will be released during the day!
Tag - gbp
Cable takes another peek above 1.3700
World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.
Market sentiment slightly improved
USD’s rally takes a pause, while riskier assets are modestly rising.
USD starts the week with gains
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
GBP: bullish trend under question
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
Markets await Biden to unveil "trillions dollars"
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
USD came under selling pressure
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
GBP/USD still enjoys Brexit deal but for how long?
The GBP is the strongest and the USD is the weakest.
Dollar slightly softer to start the session
Here is the technical analysis of GBP/USD, EUR/JPY, silver, and AUD/JPY!
Strong USD on Tuesday
The main market tendency today is that the US dollar is rising against its major peers and riskier assets such as stocks and oil are plummeting.
January 12: what's happening with USD?
10-year US Treasury yields reached 1.15%, which is the highest level since March. Higher yields should increase the demand for the USD.
Markets ahead of Christmas
The USD continues dipping, while the GBP is rising on hopes for the Brexit deal done today.