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Welcome everyone to a new trading week! This week started with some corrective movements in the market as investors evaluate stretched valuations while becoming more cautious on global shares at...
We hope that you are all doing well and wish you a safe, healthy and prosperous new year! The market begins the new year at rich valuations with stocks fluctuating near a record amid renewed concerns...
We welcome you to the final ‘full’ trading week of 2020 which will be our last one ahead of the holiday season. The British pound gapped higher after U.K. Prime Minister Boris...
The dinner meeting between U.K. Prime Minister Boris Johnson and European Commission President Ursula von der Leyen ended without a breakthrough. The talks will continue until Sunday as both sides...
The euro has been treading water Tuesday, with the price reluctant to push above 1.2135. Thus, there has been no rewarding trading chance for day traders in the EUR/USD. Is it now time for a...
Friday’s disappointing U.S. employment data had little impact on the haven-linked U.S. dollar which largely underperformed. We decided not to trade Friday’s choppy movements in EUR/USD and...
And finally, we can confirm that 1.20 is NOT the limit in the EUR/USD. The market currently rallies on improved economic prospects and so did the euro. We got a bullish breakout above 1.20...
Dear traders, We welcome everyone to a new trading week and hope that this week will offer more potential for traders in terms of bigger market movements. The euro has proven its resiliency...
The U.S. dollar is weakening amid concerns about a sustainable economic recovery and this weakness is pushing other peers higher in return. Despite the optimism about a Covid-19 vaccine breakthrough...
The U.S. dollar slumped against the euro and British pound after the U.S. services sector index unexpectedly dropped to a six-year low, bolstering speculation that the Federal Reserve will stand pat...
This week will be one of the most important and decisive weeks for currency traders. Not only do we have the European Central Bank, which is forecast to boost stimulus, but also the U.S. Payrolls data...
The euro was initially supported by better than expected eurozone PMI reports but the moderate upward trend did not discourage dollar bulls from pushing the common currency for another test of 1.06....
The U.S. dollar advanced to new highs against the euro and British pound. The greenback resumed its uptrend in expectation the Fed will hike next month while other central banks are biased to ease....