AUD/USD: The Australian dollar slumped as a surge in new coronavirus infections in the United States dented investor risk appetite. The major trades 0.5 percent down at 0.6928, having hit a high of 0.7001 on Thursday, it’s highest since June 11. Investors will continue to track overall market sentiment, ahead of U.S. economic releases. Immediate […]
GBP/USD: Sterling eased after rising to a 3-1/2 week peak in the prior session on finance minister Rishi Sunak’s plans to revive the economy. Sunak promised an additional 30 billion pounds ($38 billion) and announced bonuses to get furloughed staff back to work, cut value-added tax for the hospitality sector and temporarily scrapped a property […]
USD/JPY: The dollar plunged to a 2-week low after a surge in new coronavirus infections in the United States undermined the case for a quick recovery in the economy. The major was trading 0.3 percent down at 106.84, having hit a low of 106.83 earlier, its lowest since June 26. Investors’ will continue to track […]
EUR/USD: The euro eased, extending previous session losses as investors awaited fresh developments on a European Union recovery fund that aims to help the region’s economy rebound from the coronavirus pandemic. The European currency traded 0.2 percent down at 1.1264, having touched a high of 1.1370 on Thursday, its highest since June 11. Investors’ attention […]
DXY: The dollar index surged after yesterdays weekly data showed the number of Americans filing for initial jobless benefits dropped to a near four-month low last week. The greenback against a basket of currencies traded 0.1 percent lower at 96.90, having touched a low of 96.24 on Thursday, its lowest since June 11.
AUD/USD: The Australian dollar rose, hovering towards a near 4-week peak hit earlier in the week, as investors shrug off diplomatic tension between Washington and Beijing to focus on China’s improving economy and its attractive technology sector. The major trades 0.1 percent up at 0.6987, having hit a high of 0.6997 on Tuesday, it’s highest […]
GBP/USD: Sterling rallied to an over 3-week peak after Britain’s finance minister promised an additional 30 billion pounds ($38 billion) to head off an unemployment crisis on Wednesday. The major traded 0.2 percent up at 1.2636, having hit a high of 1.2644 earlier, it’s highest since June 16. Investors’ attention will remain on the geopolitical […]
USD/JPY: The dollar eased to a 1-1/2 week low amid lingering worries about the spread of the coronavirus. Global coronavirus cases reached more than 12 million on Wednesday, with more than half a million dead. The major was trading 0.05 percent down at 107.24, having hit a low of 107.18 earlier, its lowest since June […]
EUR/USD: The euro rallied to a near 1-month peak after the European Central Bank Vice President Luis de Guindos said that the eurozone economy may have shrunk by less than the 13 percent forecast by the ECB in the three months to the end of June. The European currency traded 0.3 percent up at 1.1364, […]
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure and Warning Notice
Risk Warning: 85.81% of retail investor accounts lose money when trading CFDs with this provider.