Saxo Bank claimed that contested election may create the strongest political risk in over a decade, and as a result, lead to the stock’s sell-off.
Tag - gold
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
US stock markets are indicated to open higher, still supported by hopes of support for the US economy after the administration’s abrupt pivot on Wednesday.
Citibank announced the bullish short- and medium-term forecasts for gold: $2 200 and $2 400. Jump in to know more!
Trump called off stimulus talks between Democrats and Republicans. As a result, stocks and riskier currencies dropped. However, then he reiterated, claiming to fund airlines and small businesses, which improved the market sentiment. Jump in to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
Markets reversed from huge losses, caused by Trump’s tweets yesterday evening. Jump in to get some fresh analytics!
The US president is back to White House after three days spent in the hospital. Riskier assets rose, while safe havens dipped.
The yellow metal is boosted by the poor performance of the USD. What is the forecast?
Read the article to get technical analysis of EUR/USD, USD/JPY and gold!
Jump in for the fresh analysis of EUR/USD, S&P 500, GBP/USD and gold!
Donald Trump announced on Friday that he had been positively tested on Covid-19. However, yesterday doctors announced that his health improved. As a result, safe-haven assets dipped, while riskier currencies and stocks got a boost.
The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.