Category: Forex Trading Tips and Strategies
Dollar Capped as US Leaders Meet for Stimulus, Pound relying on Brexit Hopes
On Wednesday, the dollar was trading at two-and-a-half-year lows, as risk appetite was whetted by coronavirus relief measures and a huge US government spending bill,…
European Shares Rise after Brexit Extension, AstraZeneca Falls
On Monday, European shares rose, as a decision for extending trade talks between the European Union and Britain kept hopes of a possible deal alive,…
European Shares also Join Global Rally
On Wednesday, European years joined a global rally on optimism over a US stimulus package and progress in coronavirus vaccines and reached the highs they…
Sterling Declines as Investors Jittery over Brexit
On Monday, the British pound declined by 1% to reach two-and-a-half lows, as investors became concerned over the chances of the European Union and Britain…
Dollar Reaches Two-Year Lows as Vaccine, Stimulus Hopes Boost Risk Appetite
On Thursday, the dollar index reached its lowest in two years, while there was an increase in the euro above $1.21, as investors appeared to…
No Easy Way for Indian Investors to Enter Crypto Space
A comprehensive survey was issued by a notable Indian crypto exchange, CoinDCX. It highlighted that for the most part, the investors in the country don’t…
Dollar Edges Down to Reach Weekly Loss
On Friday, the dollar fell just shy of its lowest value in three months and was on the course for a weekly loss against a…
Sterling Declines as Traders await Brexit Results, Sunak Spending Review
On Wednesday, the Sterling was slightly weaker, as the euro climbed and traders waited to see if Britain would be able to sign a post-Brexit…
Emerging Market Stocks Retreat as Virus Cases Surge
On Tuesday, there was a decline in emerging market stocks as worries about the economic impact of the coronavirus pandemic resurfaced, with lockdowns being imposed…
Biden or Trump, Investors Expect the Dollar to Weaken
The long term fortunes of the battered U.S. dollar are unlikely to improve, no matter who emerges as the winner in the U.S. presidential elections…
