Gold has declined so far this week as shares around the world have generally made gains. Yesterday’s news that the AstraZeneca/Oxford vaccine for covid-19 is up to 90% effective while being notably …
Weekly forex data: vaccine hopes boost markets
Stock markets are generally higher this morning after news that AstraZeneca and Oxford University’s covid vaccine is up to 90% effective. This vaccine is also significantly easier to store and …
Continue Reading about Weekly forex data: vaccine hopes boost markets →
Technical analysis of USDRUB
The dollar’s uptrend against the ruble has paused in November so far amid oil’s recovery and higher uncertainty affecting the American currency. As the greenback posted losses against most currencies …
Weekly forex data: inflation around the world
Various Asian and European shares had a boost this morning after China released 10-year record growth in annual retail sales and better than expected growth in industrial output. Sentiment more …
Continue Reading about Weekly forex data: inflation around the world →
Technical analysis of GBPUSD
The pound resumed its gains against the dollar in October as the greenback generally sold off. The ‘base case’ of a win by Joe Biden in the American presidential election was priced in over the course …
Technical analysis of USDJPY
The dollar has made strong gains against the yen so far this week, mirroring gold’s losses as sentiment has flipped back to ‘risk on’ in many markets. This technical analysis of USDJPY looks at the …