The Pound edged higher against its US rival and struck a 3-week peak during early trade in London after Britain eased back on some of its quarantine restrictions.
Blogs
Euro Hits Near Two-Month High – 01 June 2020
Risky assets rallied and the euro traded near two-months highs on Monday as signs of economic recovery in China gave investors newfound hope that economic recovery will be possible on other parts of the world.
Forex Today: Risk-On Sentiment Strong Despite U.S. Rioting – 01 June 2020
Stock markets open strongly in Asia; U.S. Dollar weakens; Silver hits new 3-month high; New daily confirmed coronavirus cases hit all-time high over weekend; Curfews imposed in over 40 U.S. cities
USD/BRL: Absence of Bullish Momentum to Result in More Selling? – 01 June 2020
Brazil reported a 1.5% decrease in its first-quarter GDP, while the Finance Ministry announced it expects a more significant second-quarter contraction.
AUD/USD Forex Signal: New 4-Month High Price – 01 June 2020
AUD/USD: Australian Dollar is the strongest major currency
USD/JPY Forex Signal: Weakly Bearish Consolidation – 01 June 2020
USD/JPY: New gently descending price channel
BTC/USD Forex Signal: Weakly Bullish Above $9,431 – 01 June 2020
BTC/USD: Ascending medium-term price channel
GBP/USD Forex Signal: Ascending Channel Holding – 01 June 2020
GBP/USD: Remains bullish above 1.3271
EUR/USD Forex Signal: Bullish Breakout from Price Channel – 01 June 2020
EUR/USD: New long-term bullish trend getting underway
EUR/USD Forecast: Extends Gains, Shows Signs of Exhaustion – 01 June 2020
The Euro has extended gains during the day on Friday, reaching well above the 1.11 handle before pulling back.