EUR/GBP almost refreshed the monthly tops while holding above the main SMAs. The bullish bias is intact with the bulls looking for a daily close above the 0.9
Blogs
EUR/PLN three-month forecasts trimmed to 4.80 from 5.00 – Rabobank
The Polish zloty has rallied sharply over the last sessions buoyed by investors’ confidence on a quick economic recovery, which has prompted the Rabob
Germany's DAX 30 Index: German stocks gain despite sell-off in tech shares
A sell-off in technology stocks dragged on the German stock market on Wednesday. Nevertheless, the DAX closed the eighth of its last nine trading days
S&P 500 Price Analysis: Pushing against the 3000 level on hopes of economic recovery
The S&P 500 Index has retrieved the whole coronavirus slump to reach levels beyond 3000 for the first time since early March. Investor’s optimism abou
WTI tumbles more than 5% toward $32.00
WTI (July futures on Nymex) broke to the downside and lost 4% in a few minutes, falling to $32.10, the lowest level since last Friday. The price is lo
Gold Price Analysis: XAU/USD declines to 2-week lows, challenges $1700/oz
XAU/USD is losing considerable strength while trading below the main SMAs on the four-hour chart. Gold is slowly reversing its monthly gains while challenging
USD/CAD extends rebound, trades above 1.3800 on oil selloff
The USD/CAD pair fell to its lowest level in more than two months at 1.3725 on Wednesday and staged a decisive recovery in the second half of the day.
GBP/USD extends losses and approaches 1.2200
The cable is dropping sharply on Wednesday, losing nearly 1% on the day after having peaked at 1.2353 to reach levels right above 1.2200. Investor’s
Moderately higher inflation in response to bigger debt levels – UBS
The world will emerge from COVID with considerably higher levels of debt while will be left structurally less global by the crisis, spurring on the de
GBP/JPY Price Analysis: Pound weakens vs. Japanse yen, nearing the 132.00 figure
After breaking to its highest since the 11th of May 2020, GBP/JPY is retracing down breaking below the 132.25 support level. The spot is trading below the 200