Tag - gbp

Dollar weakness gains strength
Dollar weakness gains strength

US stock markets look set to break a four-day losing streak later, with the futures contracts for all three major indices trading higher in the overnight session.

2020 year-end currency trends review
2020 year-end currency trends review

The year 2020 is finally coming to an end. Finally. Let’s see what happened in the Forex market during that year and try to figure out what may happen in the next one.

December 15: Forex majors at highs
December 15: Forex majors at highs

There are reasons for traders to be optimistic and sell the USD versus the riskier currencies. However, the advance of EUR/USD, GBP/USD, and AUD/USD became extensive and a correction may happen.

GBP/USD gaps higher on Brexit optimism
GBP/USD gaps higher on Brexit optimism

European stock markets are seen opening mixed Monday, with investors adopting a cautiously optimistic stance after Brexit negotiations were extended past the Sunday deadline.

Weekly Market Outlook: December 14-18
Weekly Market Outlook: December 14-18

With Brexit being the last-minute breakthrough - or a failure - possibility, let's review the layout for the GBP against the EUR and the USD. We will review oil, gold, and other Forex assets too - and don't forget the US and the UK interest rates this week!

December 14: Monday's trades
December 14: Monday's trades

Vaccine news, Brexit developments, and hopes for the US stimulus package are the main market drivers! How to start the week?

All eyes focusing on ECB and euro
All eyes focusing on ECB and euro

Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting

December 9: trading vaccine hopes and Brexit
December 9: trading vaccine hopes and Brexit

EUR/USD, GBP/USD, AUD/USD, and XAU/USD have reached interesting technical levels. Traders are hoping that the US authorizes the Pfizer vaccine this week. They also want to know how the dinner between the UK Prime Minister Boris Johnson and European Commission Ursula von der Leyen goes and how it will influence Brexit.

EUR/USD remains strong
EUR/USD remains strong

US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.

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