The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.
Tag - gbp
GBP/USD seems to be bouncing downwards. Where will that end?
EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!
The EU leaders agreed on a recovery fund and Oxford University has created a coronavirus vaccine. How will this news influence the market today? Watch the video to find out!
The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!
Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.
EUR/GBP is trying to break higher after the consolidation that took the major part of this week.
EUR/USD tested lower levels as risk sentiment worsened and traders looked forward to the ECB meeting. Watch the video to get trade ideas!
We are long used to see Forex as the USD's dominion. Is that going to change soon?
The British pound gained on a possible compromise between the EU and the UK.
The market is waiting for the BOC rate statement...
The pair approaches the significant resistance at 61.8% Fibo level. Look for the breakout!