14.10.2020: USD gains upward momentum. Outlook for EUR/USD and GBP/USD

Traders expect the US dollar to resume rising at least against European currencies. The eurozone industrial production data almost met the forecast showing a decline of 7.2%. However, economists had predicted a bit smaller drop. The main reason for such

03.11.2020: How EUR and GBP may react to US election results? Outlook for EUR/USD, GBP/USD.

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Markets got stuck ahead of the publication of the US Presidential election results. The market stagnation is likely to take place until tomorrow’s Asian session. Notably, preliminary data will be revealed just after the US trading session. Let’s try to

18.09.2020: EUR and GBP to hold gains against USD? Outlook for EUR/USD and GBP/USD

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Today, traders are likely to sell the US dollar. As expected, the disagreement between the Fed’s representatives did not change investors’ attitude to the US dollar. Market participants have ignored the UK retail sales data. The indicator advanced by 2.8%

30.10.2020: Euro to fall further? Outlook for EUR/USD and GBP/USD

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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

02.11.2020: May EUR and GBP resume falling? Outlook for EUR/USD and GBP/USD.

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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.

23.09.2020: EUR and GBP stop falling. Outlook for EUR/USD and GBP/USD

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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

21.10.2020: EUR and GBP to go on rising? Outlook for EUR/USD and GBP/USD

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Today, the US dollar showed a significant drop. Moreover, statistics from the UK has boosted the pound sterling. The UK inflation advanced even more than expected. Thus, the indicator climbed by 0.5% after a rise of 0.2% in the previous

28.04.2020: USD falls amid EU’s decision to loosen lockdown. Outlook for EUR/USD and GBP/USD

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While the US authorities are still thinking over the sum of money that China should pay for the damages caused by the coronavirus, the European governments are announcing the lifting of containment measures. Notably, the US does not have any

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