The euro is under significant pressure caused by the ECB’s meeting results. Today, the euro’s drop accelerated after the publication of significant macroeconomic reports. Thus, the eurozone revealed preliminary estimates of its GDP growth rate in the third quarter. The
Futures on the US stock index jumped sharply as investors got a chance to react to Joe Biden’s victory announced by a number of news organizations. The US dollar index declined, reaching its lowest level since early September. The USD/CAD
Risk-off sentiment prevails in the market. Investors factor in the record growth in the number of people infected with coronavirus in Europe. France and Germany have decided to re-impose a nationwide lockdown: in France from Friday and in Germany from
The new trading week has kicked off with uncertainty among investors. The current fundamental factors are still weighing on the US dollar. Traders refrain from opening long deals on the greenback due to the Fed’s decision to keep the interest
Last week, the euro slumped to a month low against the US dollar. Today, the single currency has almost got stuck showing an insignificant drop. At the same time, the British pound opened the trading week with a confident slide.
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It seems that the slump in the pound sterling that began on Monday has finally stopped. The publication of flash PMI data is a good reason for that. In our video review, we will find out what changed the market
Market dynamics: Dollar most oversold in forty years. https://www.instaforex.com FX Analytics – https://www.instaforex.com/forex_analytics Forex Calendar – https://www.instaforex.com/forex_calendar Forex TV from InstaForex – https://www.instaforex.com/instaforex_tv Forex charts – https://www.instaforex.com/charts Instant account opening – https://www.instaforex.com/fast_open_live_account Forex Trading Contests – https://www.instaforex.com/forex_contests List of official
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