December 15, 2020 Big events of last full trading week of 2020 The last full trading week of 2020 will be a busy one. There are four central bank meetings, December PMIs, employment and consumer spending…
December 11, 2020 How much can EUR rise? EUR resumed its rise against the USD after the European Central Bank (ECB) boosted asset purchases on Thursday. Having announced their plans to ease as…
December 10, 2020 Investors await ECB monetary policy announcement Thursday’s European Central Bank (ECB) monetary policy announcement is the most important event risk this week. The ECB is widely expected to ease monetary policy,…
December 8, 2020 Choosing EUR or USD For the past few weeks anti USD news flow has been keeping investors’ interest live in other currencies. The sell-off in USD drove EUR, GBP…
December 1, 2020 USD falls to 2.5 year low, 6 things to watch On Monday, USD plummeted to a 2.5 year low on investors’ concerns about rising virus cases, fresh lockdowns, holiday spending and the Federal Reserve. With…
November 25, 2020 Currency markets behave odd during Thanksgiving week Traditionally investors expect the financial markets to be quiet and consolidative during shortened trading weeks. There’s usually less participation and less liquidity as investors square…
November 18, 2020 Currencies and equities slide on raising Worries Currencies and equities traded lower on Tuesday on the back of weaker US retail sales data. Consumer spending grew by paltry 0.3% in October. Spending growth…
November 11, 2020 USD fails to extend gains on Trump’s campaign to challenge election Equities extended their gains on Tuesday but currencies consolidated as traders worry about President Trump’s campaign to challenge the election. Senate Majority Leader Mitch McConnell…
November 10, 2020 Skyrocketing US Dollar The US Dollar (USD) traded sharply higher against all the major currencies on Monday after Pfizer said their COVID-19 vaccine is 90% effective in…
November 6, 2020 Investors not paying attention to US election hype The USD traded sharply lower against all of the major currencies on Thursday with the Australian and New Zealand currencies leading the gains. Nearly 48…