The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart.
Tag - jpy - japanese yen
Global stocks eyed a fresh record high on Monday as signs of economic recovery in Asia, recent strong corporate earnings, and hopes of a COVID-19 vaccine bolstered investor sentiment.
EUR/USD is trading below 1.1750. Any further downside pressure will push prices down to 1.1730 and even lower to 1.1700.
The market sentiment deteriorated because of the election uncertainty and worries about rising virus cases all over the world. Let's make some analysis!
The focus of traders’ attention shifted from Brexit and the US stimulus to the coronavirus . The WHO claimed that Europe become the new Covid-19 epicenter.
What else will 2020 bring us? Europe has become the new Covid-19 epicenter. Tropical storm Zeta forced US Gulf producers to shut oil production. Let's discuss together how the Forex market reacts!
Surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the run up to Nov. 3 presidential elections.
Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.
Three main drivers of the market: the stimulus package, the US presidential election and the coronavirus. Let's look how market reacts.
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
UK officials are reportedly preparing to dilute PM Johnson’s Brexit legislation, in a move that could rekindle negotiations with the EU.
The formation of the descending triangle pattern indicates further falling of USD/JPY!