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Trader confidence is rising on hopes of a Covid-19 vaccine as well as German and French plans for a €500 billion EU coronavirus recovery fund.

Risk rally takes shape prompting US Dollar pullback. Broader macro risks remain with Brexit concerns to weigh on GBP/USD.

The Euro continues to push higher against the US dollar, buoyed by the proposed EU coronavirus rescue fund. The latest German ZEW data is mixed and economic sentiment may be optimistic.

Sterling and other ‘risk on’ assets are jumping on promising vaccine results; a mixed bag of UK employment data and a new UK tariff regime post-Brexit have left GBP unscathed.

The US Dollar and Japanese Yen may rebound as sobering Congressional testimony from Fed Chair Powell and Treasury Secretary Mnuchin sour market sentiment.

The Pound Sterling edged higher against its US and European counterparts and steadied in early Tuesday trading in London.

S&P 500 Index makes its highest daily close since 9th March; Gold and Silver come crashing back down; U.S. Dollar weakens.

Asian markets were broadly higher on Tuesday afternoon, following steep gains on Wall Street as investors found renewed optimism

The Euro has rallied quite significantly during the trading session on Monday to break through the 50 day EMA, showing signs of strength again.

The US dollar has gone back and forth during the trading session on Monday to kick off the week, as we continue to see a lot of choppy in high-frequency trading