Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURDKK The market will pay more attention to the eurozone’s economic calendar today. After all, the ZEW Economic Sentiment figures for Germany and the overall eurozone area are due for announcements. Despite Biden’s victory, …
Daily Market Charts and Analysis November 10, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD Democrat Joe Biden’s victory in the US presidential elections is projected to continue Sterling’s nine-week high versus the dollar. Riskier currencies are projected to gain a bullish momentum as investors turned optimistic towards …
Daily Market Charts and Analysis November 09, 2020 Read More »
The U.K. has one of the largest economies in the world, but the state of its economy was far from being ideal even before the coronavirus pandemic. It is worth mentioning that the Bank of England is injecting another $195 billion into the country’s economy, after warning of a double-dip recession because of the pandemic …
How Coronavirus and Brexit Affected the UK Economy Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCHF The Australian economy celebrated its first weekend with no coronavirus cases, but it looks like the Aussie dollar can’t celebrate with it. The Reserve Bank of Australia has cut the official interest rate …
Daily Market Charts and Analysis November 05, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCHF The eurozone economy hit record growth between July and September, having lifted 12.7 percent during the third quarter. Its largest economy, Germany, also announced record growth on Thursday. These turned the eurozone’s second-quarter …
Daily Market Charts and Analysis November 03, 2020 Read More »
The dollar was up on Monday morning in Asia’s forex exchange. The Nov. 3 U.S. presidential elections and growing number of coronavirus cases globally continue to weigh on investor sentiment. By 11:17 PM ET (3:17 AM GMT), the U.S. Dollar Index inched up 0.05% to 94.093. The currency held onto gains from the previous week. …
The dollar was down on Friday morning in Asia’s forex exchange. The euro hovered close to a four-week low against the dollar. This was over hints from the European Central Bank (ECB) that it could roll out further monetary easing by the end of the year. By 10:39 PM ET (2:39 AM GMT), the U.S. …
Dollar Drops, U.S. Election and Pandemic Concerns Cap Gains Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURPLN Both Poland and the eurozone are facing devastating crises. Daily growth of coronavirus cases in Poland had just surpassed 16,000, its highest record in history, while the Brexit deal is still in the …
Daily Market Charts and Analysis October 28, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPBRL The United Kingdom is being forced to compromise before Britain makes its full exit this year. As both parties involved are pressured to reach an agreement, the Pound will reach upward in the …
Daily Market Charts and Analysis October 27, 2020 Read More »
The dollar has remained firm in forex exchange on Monday. Coronavirus cases in Europe and the United States have surged. The virus spread and a lack of progress toward a U.S. stimulus package put traders in a watchful mood. On the other hand, the sterling held steady on hopes for a Brexit trade deal. In …
Dollar Firm Despite Virus Spread and Stimulus Stalemate Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDTRY It looks like the lira will continue its weakness due to the surprising decision from Turkey’s central bank made on Friday. Investors have been disappointed over expectations that it would raise its interest …
Daily Market Charts and Analysis October 26, 2020 Read More »
Gold was up on Friday morning in Asia’s precious metals despite a stronger dollar. The U.S. presidential candidates President Trump and Democratic candidate Biden made their cases in the final debate. Investors continued to track progress on the latest stimulus measures. By 12:14 AM ET (4:14 AM GMT), gold futures climbed 0.20% at $1,908.35. The …
Gold Up, Strengthening Dollar, Presidential Debate Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCAD The United Kingdom seems to have been dangling the Brexit deal over investors’ heads, and it’s working. Brexit talks resumed on Thursday after negotiations halted last week, boosting the sterling against most of …
Daily Market Charts and Analysis October 23, 2020 Read More »
The dollar steadied at the end of a poor week in forex exchange on Friday. It shed about a cent against the euro and suffered its largest weekly drop against the yen in a month. Investors began to bet on a Joe Biden presidency and a big U.S. stimulus. In the Asia session, daily moves …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSGD It’s another day for weekly jobless claims figures and existing home sales figures for September. The US dollar is likely to benefit from optimistic expectations for the figure. Moreover, the market seems to …
Daily Market Charts and Analysis October 22, 2020 Read More »
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