Today we continue following the situation in the metals' market after the yellow metal broke 2 000…
Tag - eur
Some analysts believe the euro will lose its gains in the third quarter. What are the reasons?
The oversold dollar has gained versus the major currencies, but will it be able to keep on? Watch the video to find out!
The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.
EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
In the United States, the economy was contracted by (worst-ever) 32.9% in the second quarter in 2020, crushed by COVID-19 lockdowns in 2nd quarter.
It seems like the Fed meeting yesterday marked a final drop in the USD for now.
The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.
EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
The USD has stopped its depreciation against riskier assets... for a while.
The USD has finally tried to strengthen versus other major currencies…