EUR/USD edges higher amid upbeat market mood
EUR/GBP on track towards fresh nine-month lows. Cable stays on the hunt towards 1.4000 as the dollar keeps more vulnerable for now.
Tag - gold
AUD is the strongest and JPY is the weakest
US stocks are seen edging higher Thursday, continuing the recent strong rally after Fed chief Jerome Powell reaffirmed that the central bank’s monetary policy will remain supportive for some time yet.
Cable hit record high since 2018
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!
Dollar is firmer, reflation bets climb
Read the report to get the analysis of EUR/USD, EUR/JPY, CAD/JPY, and gold!
Strong dollar ahead of NFP
Latest market news with the technical analysis of the EUR/USD, GBP/USD, USD/JPY, and gold!
Dollar regains some ground
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
January 25: trade ideas at the start of the week
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
NZD/USD buyers stay in near-term control, helped by risk-on tone
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
USD strengthened as optimism waned
The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.
Stocks up, USD down
S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.
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.
All attention to Biden's inauguration
Joe Biden will take the post of president of the USA on the morning of 20 January 2021. Trump is going to skip the inauguration. What will be the market reaction? Let’s find out!
