The Brexit deal can be reached on December 24, according to media reports.
Tag - technical analysis
The new Covid-19 strain has been found in the United Kingdom. The market sentiment immediately worsened after the report and pressed EUR/USD down.
The USD has started the day on a positive footing and pushed USD/JPY upwards. What's next?
Société Générale predicts that the Austrian dollar will rally up in 2021 due to the Australian fast recovery.
XAU/USD has been falling due to market optimism. Will it keep moving down?
The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.
USD/ZAR dropped to the low levels unseen since February as investors foresee the soon global recovery.
Further bearish pressure will lead AUD/JPY to retest the previous lows of 77.00.
XAU/USD is eyeing $1 850. Will it be able to reach it?
Investors are waiting for the significant decision of OPEC+ members to prolong oil output cuts or stop them.
The progress on the COVID-19 vaccines and hopes of a swift economic rebound next year added to the optimistic sentiment in the market.
CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.