EUR/GBP retreats from 0.9000 with the pound firming up
Euro’s recovery from week-lows at 0.8860 has been rejected at 0.9000 and the pair pulled back to 0.8960 area on Friday, on track to close the week wit
Read More »US Dollar May Rebound as Presidential Election Results Solidify
The US Dollar may rebound as markets ponder limited scope for fiscal and monetary stimulus after results of the presidential election solidify.
Read More »EUR/GBP rallies to 0.9100 area and turns positive on the week
The euro has pared previous losses on Friday after bouncing from 0.9000 lows earlier this week and appreciate about 0.7% on the day returning to 0.910
Read More »Gold Price Uptrend at Risk Ahead of Third Presidential Debate?
Gold prices may rise if the final presidential debates reinforces Mr. Biden’s lead in the polls and softens demand for the haven-linked US Dollar.
Read More »British Pound Under Pressure as Brexit Talks Beleaguer UK & EU Officials
The British Pound may fall if EU and UK negotiators fail to reach a consensus as the December 31 deadline nears. The third presidential debate is on deck, how might…
Read More »Gold to Retain Inverse Relationship to USD on Dovish Fed Guidance
The price of gold may continue to exhibit an inverse relationship with the US Dollar as the Federal Reserve retains a dovish forward guidance for monetary policy.
Read More »Australian Dollar Blossoms on Strong Local Jobs Data, Better Times Ahead?
The Australian Dollar jumped after local jobs data showed a better-than-expected print, though AUD/USD gains may be curbed by tension with China.
Read More »EUR/USD Analysis: Wait-and-See ECB Guidance Keeps August Range Intact
EUR/USD may continue to track the August range following the ECB meeting even though the RSI retains the downward trend carried over from the end of July.
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