All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.
Tag - jpy - japanese yen
Further bearish pressure will lead AUD/JPY to retest the previous lows of 77.00.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.
Fed's Powell said a slowing recovery and a surging pandemic meant the US was entering a "challenging" few months, with the potential deployment of a vaccine still facing hurdles.
The progress on the COVID-19 vaccines and hopes of a swift economic rebound next year added to the optimistic sentiment in the market.
All the interesting market movements are here!
Fresh analysis of EUR/USD, GBP/USD, S&P 500, and USD/JPY!
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
The US dollar stayed under pressure as riskier currencies benefited from the increased optimism.
Here's the technical analysis of USD/JPY, AUD/JPY, NZD/JPY, and silver!
Stocks, oil, and risk currencies gained on Tuesday as the formal go-ahead for US President-elect Joe Biden to begin his transition burnished a November already boosted by Covid-19 vaccines.
US stocks are set to open slightly lower, retracing some - but by no means all - of Monday’s surge that took both the Dow Jones and S&P 500 to new record highs.