The threat of a pullback has been set up, the unpleasant rally in USD as investors rush to park capital in the greenback.
Just at the right moment, because of lockdowns, covid chapter II and things of this nature the highs can be burst open. Although we are in LONG TERM structural decline in the dollar, it does not mean we will not have to rush and take cover...
Mnuchin said the US will purchase 77 million barrels to re-fill the strategic petroleum reserve. A positive headline on pharmaceutical treatments changing the overall sentiment for now which helping rebound on comdolls and some equities. I would not say an overall reversal but this kind of positive reports may shift the sentiment for a short period of time which...
Great Britain expects “hard” Brexit. Jeremy Hunt and Boris Johnson faced off in leadership debate. The candidates were asked about the Irish border (which will become the only land border between the UK and the EU after Brexit). Both were clear that the issue will not be resolved with a positive outcome. The odds of No-deal Brexit are rising. Due to this, the...
Yesterday, a fairly clear signal from the United States was received by markets and China. The USA is interested in a peaceful outcome. The information that the United States has decided to postpone the introduction of additional tariffs on Chinese goods (over $ 300 billion). Treasury Secretary Steven Mnuchin said: ‘We were about 90% of the way’ on China trade...
EURUSD has a weekly uptrend, from a 'Time at Mode' perspective, and the sentiment is considerably negative for it lately, with the French elections starting the first round tomorrow. This weekend, the IMF meeting takes place, and it might be a very significant event for the Euro.
This week is packed with data and potential catalysts for all markets, with...
