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Wednesday, August 12, 2020
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The US Dollar Strengthens As The Surge In COVID-19 cases Weights...

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US dollar firms on dampened sentiment June numbers show recovery in consumer spending Democrats want $1 trillion stimulus package for state and local...

USD/JPY Eyes 3-Month Highs As BOJ Keeps Rates Unchanged

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BOJ Policy Plans Japan Economy Concerns U.S Economic dataUSD/JPY pair continues to trade in a tight trading range in the aftermath of the...

Oil Turns Bearish on Demand Concerns Amidst COVID-19, Gold Rallies

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Coronavirus Concerns Oil Sell-Off Pressure Gold ResurgenceOil prices remained under pressure early Friday morning as fears over a second wave of coronavirus infections...

Oil Prices Tank On Stock Piles Build Up As Copper Prices...

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ConocoPhillips CEO Oil Prices Warning U.S Oil Stock Piles Build Up Copper BullishnessThe bullish momentum experienced early in the week is losing its...

Gold (XAUUSD) Dips From 2-Week Highs on Strong Equity Demand, Copper...

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Gold (XAUUSD) dipped from two-week highs as focus shifted to equities as coronavirus fears cool off. On the other hand, Copper came under pressure...

Gold (XAUUSD) Rallies On U.S Riots Concerns as Copper Rallies On...

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U.S Riots Over George Floyd Death U.S-China Tensions Over Hong Kong Slow Economic Recovery ConcernsGold (XAUUSD) rallied in early Monday trading session as...

EUR/USD Turns Bullish On Weak Dollar Amidst Coronavirus Vaccine Hopes

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Coronavirus vaccine hopes Franco-German $545 Billion Pandemic Response Rising U.S-China TensionEUR/USD bounce back after a bearish start to the week continues to gather...

EUR/USD Bearish As Dollar Hold’s Strong Despite U.S Jobless Rate Expected...

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Fed chief says U.S Jobless rate may reach 30%. U.S dollar gains backing amid talks of easing trade restrictions.The EUR/USD currency exchange is...

EUR/USD Shows Weak Bearish Momentum After Fed’s Powell Shut Down Negative...

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Powell says negative interest rates are not an option. S-China trade war and the second wave of coronavirus infections remain major concerns. Inflation...

EUR/USD Drops to Three Year Lows Amidst Economic Recession Concerns

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Federal Reserve Downplays Negative Interest Rates ECB Forward dovish guidance Dollar StrengthA strengthened dollar amidst growing concerns about economic recession is the latest...

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