November 5, 2020 Investors not likely to pay attention to FOMC and BoE announcements The 2020 US Presidential Election hangs in the balance with an outcome that is too close to call. No winner has been declared at the…
November 2, 2020 Will this be a spooky week for currencies? Most of the leading currencies traded lower against the USD on Friday as the Dow Jones Industrial Average tumbled more than 300 points. At…
October 30, 2020 Estimating EUR down slide The European Central Bank left monetary policy unchanged Thursday, but EUR was sold off aggressively after President Lagarde confirmed that more easing is on…
October 29, 2020 Panic selling accelerates in currency markets Currencies and equities traded sharply lower on Wednesday as the Dow Jones Industrial Average tumbled more than 900 points. At the start of the week,…
October 28, 2020 Investors dumping USD before US Election Investors are dumping USD ahead of next Tuesday’s US Presidential election. This will be a historic event for the country, the world and the financial…
October 27, 2020 Investors growing nervous before US Presidential election The mood is shifting in the financial markets. With a few days until the US Presidential election, investors are growing nervous. On Monday, Dow Jones Industrial…
October 23, 2020 What are bothering currency traders? Friday is the most important day of this week. Markit Economics will be releasing PMI numbers for Australia, the Eurozone, UK and the US….
October 20, 2020 USD to remain under pressure on stimulus deadline USD traded lower against most of the major currencies on Monday on the new stimulus deadline. Over the weekend House Speaker Nancy Pelosi gave…
October 19, 2020 Is USD rally sustainable? The USD traded higher against most of the major currencies on Friday, thanks to better than expected economic data. Consumer spending rose 1.9% in September…
October 15, 2020 USD drops as pre-election jitters set in The US Presidential Election is three weeks away and investors have finally beginning to feel the jitters. Stocks sold off for the second day in…