Latest market news with the technical analysis of the EUR/USD, GBP/USD, USD/JPY, and gold!
Tag - jpy - japanese yen
The US dollar gained after the Fed’s report, while riskier assets dropped. Let’s have a closer look.
The US dollar has started the week on the positive footing after the upbeat Friday’s NFP. However, later on, it lost some of its gains as the US stocks reversed from huge losses.
Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.
The market sentiment deteriorated because of the election uncertainty and worries about rising virus cases all over the world. Let's make some analysis!
In this video we will go through the main events of the week and analyze EUR/USD, GBP/USD, GBP/JPY and gold!
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.
The new year has started with the escalation of tensions between the United States and Iran…
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.
The GBP is the strongest and the USD is the weakest.
US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.
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.