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Sterling and other riskier assets, including the FTSE 100, will likely continue to trade sideways near-term as hopes that coronavirus lockdowns will be eased are offset by continuing turmoil in cru…

An improvement in investor risk sentiment helped to push the Pound Sterling higher against its main rivals, the US Dollar and the Euro.

April 28: Global stock markets remain strong on optimism that the first wave of the coronavirus pandemic has peaked in most western countries.

Oil prices plummeted nearly 25 percent on Monday and extended their losses into Tuesday, falling 13 percent in early trade on concerns that global storage facilities are reaching capacity.

At the beginning of this week's trading, the Japanese Central Bank cut short the time and quickly announced its monetary policy.

The risk appetite amid the trend of global economies to abandon the policy of economic closure has contributed to the decline in gold prices to the $1710 support, after gains reaching the $1738 resistance during last week's trading, near its highest level in eight years.

Financial markets welcomed the return of British Prime Minister Boris Johnson to his office after a period of treatment for symptoms of the Coronavirus.

At the beginning of this week's trading, the EUR/USD pair got some support to move up.

New higher support level at 0.6436.

The US dollar fell during the trading session on Monday to reach down towards the ¥107 level but found buyers to save it yet again.