Bulls take a breather after strong rally and expected to remain in play while above 1.30 support…
Cable eases on Thursday as traders collect profits from Wednesday’s 1.56% advance (the biggest one-day rally since 27 Mar) when pound rose to the highest in over seven weeks against the dollar.
Sterling surged on fresh optimism over news…
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EU and Britain agree to resume Brexit talks
In an effort to revive stalled trade talks, the UK and the European Union will resume negotiations today. There are just ten weeks remaining until the end of the Brexit transition period.
Both sides want to bridge existing gaps and…
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New rules in place for final US presidential debate
The second televised US presidential debate will take place on Thursday, with Republican incumbent Donald Trump going head-to-head with Democrat candidate Joe Biden for the final time. An additional debate had been scheduled for October…
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Dollar slips to one-month low vs yen as stimulus optimism boosts risk appetite
The pair fell to one-month low on Wednesday, on track for the biggest daily loss since 28 Aug as growing optimism over US stimulus talks boosts risk appetite and further deflates the dollar.
Fresh bearish acceleration surged through…
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Fresh optimism on Brexit talks and risk appetite lift pound to one-week high vs dollar
Cable jumped to one week high at 1.3064 on Wednesday, after European Union’s Brexit negotiator expressed optimism, saying that trade deal with Britain is ‘within reach’.
Barnier said that both sides are constructive and willing to…
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Dollar index hits one-month low on fresh risk sentiment
The dollar index falls to one-month low on Tuesday as fresh optimism over US stimulus talks boost risk appetite and increase pressure at the greenback.
Fresh weakness emerged after bulls got trapped above 20DMA last Thu/Fri and accelerated…
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Bulls accelerate on fresh risk sentiment and pressure key barriers
The Euro accelerated higher on Tuesday (up 0.5% since opening in Asia), boosted by fresh risk sentiment on growing hopes for possible deal in US stimulus package talks.
Bulls extend strong rally into third day and broke above important…
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