The most traded pair takes a breath after reaching levels unseen since May of 2018.
Tag - technical analysis
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
Lagarde pushed the euro to the downside, while US debates underpinned the USD.
ADP, US GDP, Chicago PMI and Canadian GDP – all numbers exceeded expectations. Which currency will outperform? Let’s try to find out.
The aussie is expected to plummet for the next six months. What is the reason?
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.
The US dollar waned amid the current risk-on sentiment, while the EUR surged after the ECB's report.
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.
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.
The pound gained due to upbeat UK’s PMI and vaccine news. Let’s analyze the chart.
XAU/USD is eyeing $1 850. Will it be able to reach it?
The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.