Gold rebounds on inflation risks. Gold under the bullish pressure today – gaining nearly 1%- reversing from the a one-month low touched in the last session, as investor focus has now shifted to
Gold rebounds on inflation risks. Gold under the bullish pressure today – gaining nearly 1%- reversing from the a one-month low touched in the last session, as investor focus has now shifted to
Euro falls on widening U.S. Treasury yields. EURUSD under the bearish pressure today – as the dollar gained today on widening U.S. Treasury yields and expectations of more fiscal stimulus. President-elect Joe Biden,
AUDUSD rises on improvement in risk sentiment. AUDUSD under the bullish pressure today on the improved risk sentiment after the study by Pfizer and scientists from the University of Texas Medical Branch indicated
GBPUSD falling on speculation of negative rates. GBPUSD under the bearish pressure today – as the markets have shifted their focus from the Brexit negotiations – which helped some of the prior sterling
AUDUSD surges on dollar weakness and global manufacturing strength. AUDUSD under the bullish pressure today – under the effect of the wide-spread risk-on sentiment and the resultant strong US dollar weakness after Democrats
Oil rises on expected output cut. Oil under the bullish pressure today – continuing the multi-month uptrend - after it was reported that the OPEC+ group is studying a possible production cut in
Gold surges on spiking COVID-19 cases. Gold continues to rise sharply today - opening this year with the strong 2% rise – as the sharply rising Covid-19 cases are boosting its safe-haven appeal.
AUDUSD surges on broad dollar weakness. AUDUSD under bullish pressure today as the result of the board dollar weakness after President Donald Trump signed a coronavirus aid and spending bill. The markets are
Euro pushes higher on COVID-19 relief package Euro under bullish pressure today as the result of the strengthening risk appetite and the resultant wide scale dollar bearishness after U.S. lawmakers pushed forward with
Sterling falls on pandemic aid package. Sterling continues to decline as the markets are welcoming the fact that Trump has passed pandemic aid package – after long and tedious negotiations in US Congress.