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Wednesday, October 28, 2020
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EUR/USD/ Sell-Off Persists As Risk Aversion Takes Center Stage

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Improving EU Data German Bundestag Boost Risk Aversion Amid COVID-19EUR/USD sell-off, after an unexpected rise Monday morning, persisted on Tuesday as the Euro...

USD/JPY Rallies TO 3-Week Highs ON Weak Japan’s Data

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Shrinking Japan’s Industrial Activity Rising Unemployment levels FED ConcernsThe Japanese Yen weakened against the U.S Dollar as downbeat industrial and employment data exacerbated...

USD/CNY Drops as Yuan Strengthens On Impressive PMI

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China Economic Recovery China Impressive PMI USD/CNY OutlookThe Chinese Yuan strengthened against the U.S Dollar, Tuesday morning, as better than expected economic releases...

Oil Tanks On Demand Concerns As Gold (XAU/USD) Rallies On Risk...

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Oil Demand Concerns Safe-Haven Demand Gold Price EstimatesOn Monday morning, oil prices dropped as worries over demand outlook took center stage in the...

NZD/USD Under Pressure As RBNZ Contemplates Negative Interest Rates

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Struggling NZ Economy Negative Interest rate Talk Improving U.S Economic ReleasesNZD/USD remained range-bound, in early Wednesday trading session, after plunging from three-month highs...

EUR/USD Gives Up Gains On Dollar Resurgence

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U.S Retail Sales Jump FED Chair Warning Economic release watchEUR/USD bounce-back to three-month highs stalled late Tuesday as the dollar strengthened across the...

EUR/USD Rallies As FED Announces Purchase of Corporate Debt Plans

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FED Liquidity Stimulation Plans Dollar Weakness Economic data WatchEUR/USD pair was upbeat in the Tuesday trading session, keeping up with the bullish momentum...

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 Rallies As Greenback Yields To Risker Currencies Following Positive Reports...

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Moderna vaccine trials encouraged investment in riskier assets. S dollar slips as vaccine news fuels risker investments. Euro remains strong on a plan...

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...

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