The worse-than-expected US retails sales pushed the USD down. How to trade today?
Tag - eur
Global shares stepped back on Wednesday as soft U.S. retail sales increase worries that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.
US stocks are set to open slightly lower, retracing some - but by no means all - of Monday’s surge that took both the Dow Jones and S&P 500 to new record highs.
Vaccine news from Moderna are still affecting the market, and there are many interesting trade opportunities out there!
Global stocks eyed a fresh record high on Monday as signs of economic recovery in Asia, recent strong corporate earnings, and hopes of a COVID-19 vaccine bolstered investor sentiment.
Will we see any progress in Brexit this week? Possibly. Let's prepare for all outcomes.
Let’s see what this week will bring us! In this video we will discuss the key market events and make the fresh analysis of EUR/USD, AUD/USD, GBP/USD, and gold!
Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan. There are just mountains of cash sitting on the sidelines and big hedge funds know it.
U.S. stock markets are indicated to open higher on Friday at the end of a topsy-turvy week in which the initial euphoria on finding an effective vaccine against Covid-19 has buckled under the weight of the bleak short-term outlook.
Asian equity markets weakened on spill-over selling from Wall Street; Hong Kong lagged. Looking ahead, highlights from macroeconomic calendar include Eurozone Employment and GDP (Flash), US University of Michigan, Fed's Williams and Bullard speeches.
Traders worry about the upcoming winter, but it doesn't prevent EUR/USD from testing resistance. And what about other Forex majors? Watch the video to find out!
Another key aide left Boris Johnson. What's happening in he UK?