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BRENT overview 05.03.2021

Oil jumps on OPEC decision. Oil rose today more than 2%, reaching its highest level in nearly 14 months after OPEC agreed not to increase supply in April as they are prepared to wait for a more substantial recovery in oil demand. Previously the prices rose by 4% on Thursday after OPEC+ extended oil output […]

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Analysis Market overview

USDJPY overview 04.03.2021

USDJPY surges on improvement in sentiment. USDJPY continues to rise strongly as the result of the continued US dollar bullishness and the widespread yen outflows. The dollar gains/yen losses are due to the more orderly rise in U.S. Treasury yields seen lately. The traders are also waiting for the speech by Federal Reserve Chairman Jerome […]

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Analysis Market overview

GOLD overview 03.03.2021

Gold falls on safe haven outflows. Gold continues to fall as the traders are selling gold to pursue more lucrative trading opportunities elsewhere. The U.S. Treasury yields resumed their advance today and global equities also firmed, reducing the appeal of safe-haven bullion. With the global equity markets stable and retaining the moderate risk-on mood – […]

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Analysis Market overview

AUDUSD overview 02.03.2021

AUDUSD rises on improved risk sentiment. AUDUSD continues to rise on moderate USD bearishness as the markets are coming to the conclusion that Fed’s going to keep interest rates low for extended period of time – in spite of the inflation fears which have been circulating recently – which is underpinning this currency pair. On […]

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Analysis Market overview

EURUSD overview 01.03.2021

EURUSD under bearish pressure. EURUSD under the strong bearish pressure today as the markets failed to be impressed by upbeat euro zone factory activity in February. The relative differential in the efficacy of handling of the Covid-19 epidemic is leading to significant outflows from the euro into the dollar – as the Americans should be […]

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AUDUSD overview 26.02.2021

AUDUSD falls on surging dollar. AUDUSD under the strong bearish pressure today as the U.S. dollar rose against most major currencies on Friday, lifted by an increase in U.S. bond yields overnight and the by the latest U.S. strike on Iran-backed militias in Syria. Bond yields have climbed this year amid continued ultra-easy monetary policy […]

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Analysis Market overview

EURUSD overview 25.02.2021

EURUSD rises on dovish Fed and Eurozone sentiment. EURUSD under the strong bullish pressure as the result of the mutually reinforcing euro optimism and the dollar negativity spreading across the currency markets today. The USD outflows follow the previous comments by Fed Chair Jerome that the central bank will not tighten its policy until the […]

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USDJPY overview 24.02.2021

USDJPY rises on board yen weakness. USDJPY currency pair under the strong bullish pressure today as the markets are moving out of the safe haven assets like the yen and the Swiss franc under the continuous stream of the positive news about the Covid epidemic dynamics in the developed countries. One of these – U.S. […]

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Analysis Market overview

USDCHF overview 23.02.2021

USDCHF jumps on improved risk sentiment. USDCHF rising strongly today – mainly as the result of the widespread bearish Swiss franc sentiment as the traders are unwinding the previously safe-haven Swiss franc longs taken amid the covid-19 epidemic. The investors are getting out of the Swiss francs on news that more and more countries are […]

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Analysis Market overview

GOLD overview 22.02.2021

Gold rebounds on rising inflation. Gold under bullish pressure today with investors going for the precious metal as a hedge against rising inflation in USA and elsewhere in the world. The strong stimulus packages introduced globally are expected to start adding to the inflation in the developed countries – with the mass vaccination programmes starting […]