EURUSD is one of the most heavily traded currency pairs in the market – so how is it likely to trend if Joe Biden takes over the Oval Office?
Sentiment is extremely optimistic and it could be that we’re nearing the peak of the sentiment wave and a Phase 1 Sino- US deal is fully priced.
GER30 has come under renewed pressure as fears about an escalation of the trade war are increasing. USOIL broke below the ascending channel pattern. EURUSD might see increased volatility in the near-term.
Market turns risk of as tensions between US and Iran escalated. How do they affect your trades?
The focus remains on the progress of US and China’s trade deal and Brexit’s developments.
Global economic data and trade optimism will drive the forex market as the year-end nears.
Market shifts its focus to the signing of the Phase One trade deal between US and China. How do they affect your trades?
USD drifted down due to downbeat data, Pending Home Sales and ISM Manufacturing PMI data in focus this week
US equities galloped to record highs after the Fed cut interest rates and Apple reported an impressive earning beat.
Trade negotiations continue to dominate sentiment; however, the risk seems to be in a much better place this morning after yesterday morning’s Liu He headlines saying that he was "cautiously optimistic" about Phase One talks. Vice-Premier