Positive techs and risk sentiment keep focus at the upside
The Euro remains constructive and holding above 1.1900 handle on Friday, despite strong indecision signal from Thursday’s long-legged daily Doji candle.
Holiday-thinned market keeps the action limited, with bulls looking for fresh signal…
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The dollar is set for weekly / monthly loss, deflated by fresh risk appetite
The US dollar is set for the second weekly loss and for more than 2% monthly fall in November, as investors migrate from safe-haven greenback into riskier assets on improved risk appetite.
Growing expectations that Covid-19 vaccine would…
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Fed is expected to give new asset-purchase guidance soon
The US Federal Reserve is likely to give soon more details on how long they will continue to buy bonds to provide support to the economy, minutes of the central bank’s latest policy meeting showed.
The Fed kept its loose monetary policy…
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German consumer morale weakens further on new and stricter measures
German Gfk institute report showed that consumer sentiment fell to -6.7 heading into December from -3.2 previous month and disappointed forecast for -5.0 drop.
Consumer morale weakened further as tighter measures to curb the second wave…
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Risk mode keeps cable inflated for renewed attack at 1.34 resistance zone
Cable continues to tick higher and looks for fresh attack at 1.34 barrier, after Monday’s attempt was strongly rejected.
The sentiment remains positive as start of transition of power in the White House and growing optimism for Covid-19…
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US jobless claims rise again on surge in coronavirus cases and tighter restrictions
The US initial jobless claims increased by 30,000 in the week ending Nov 21 and totaled at 778,000, compared to 748,000 previous week and overshot 730,000 consensus.
Increased number of Americans filling first time for unemployment…
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