EU recovery fund proposal reduces sovereign risks. Eyes on Bund-BTP spread for Euro signal.
Blogs
Equity Markets Look Increasingly Fragile as US-China Tensions Escalate
The Chinese Parliament has just authorized a new security bill for Hong Kong, a move that is expected to draw a rapid response from the US. Will this temper stock market enthusiasm?
British Pound (GBP) Latest: Brexit Increasingly a Focus for GBP/USD Price
GBP/USD will likely be buffeted increasingly in coming days by renewed talks between the UK and the EU on their post-Brexit relationship.
USD May Rise on Virus-Hit Q1 GDP Data & Jobless Claims Report
The US Dollar may catch a haven bid if secondary Q1 GDP data and jobless claims statistics rattle markets and puts a premium on anti-risk assets.
Pound Sluggish on Brexit News – 28 May 2020
The Pound Sterling is struggling for traction against its two main rivals, the greenback and Euro, and are trading close to recent lows on media reports that the Brexit negotiations have stalled.
U.S. Layoffs Continue Despite Economic Reopening – 28 May 2020
Across the United States economies are slowly starting to reopen.
Forex Today: S&P 500 Index Closes Above 3000 – 28 May 2020
S&P 500 makes first daily close above 3000 and 200-day average since pandemic; Asian stocks trade mixed as Hong Kong hit; EU lays out €750 billion rescue plan
Gold Technical Analysis: The Most Appropriate Current Buying Levels – 28 May 2020
For the sixth consecutive day, the gold price is moving in a downward correction range.
GBP/USD Technical Analysis: Threats for Gains Persists – 28 May 2020
The risk appetite, with the gradual opening of the British economy, are factors that contributed to the gains of the GBP/USD and reached the 1.2362 resistance and tried to break through during the session yesterday.
EUR/USD Technical Analysis: When to Sell? – 28 May 2020
For the second day in a row, the EUR/USD continues the bullish correction with stronger gains that pushed it towards the 1.1030 resistance.