Category: Online Trading News
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Sterling Rallies on Optimism of Vaccine and Brexit Deal
On Monday, Sterling rallied as investors were driven to purchase riskier currencies, due to more positive news about a potential coronavirus vaccine offsetting concerns about…
Dollar Climbs up After Mnuchin Stops Some Fed Emergency Funds
In early London trading, the US dollar climbed up against a basket of other major currencies, as its downward trend came to an end after…
European Stocks Slip after Virus Fears Hit Wall Street
On Thursday, European stocks declined after Wall Street experienced sharp losses, as investors were concerned about another round of coronavirus lockdowns due to the soaring…
Pressure Grows on the Dollar as Vaccine Hopes are Tested
On Wednesday, pressure increased against the U.S. dollar, which reached its lowest level in more than a week, as stricter economic restrictions across Europe and…
Sterling Slips and Speculators Increase Bearish Bets
On Monday, the Sterling declined in early London trading, as Brexit talks began once again in Brussels, while it was the second week straight that…
Shares Hit after Jump in Europe Virus Cases despite the Weekly Rally
On Friday, European shares edged lower as a fresh surge in the COVID-19 cases compounded fears of the damage that would be inflicted on the…
European Shares Decline on Second Wave Fears
On Thursday, European shares retreated from their eighth-month highs, as doubts surfaced once against about a quicker economic rebound due to surging COVID-19 infections. This…
Global Stocks Gain, Bonds Fall Due to Vaccine Possibility
On Wednesday, bonds dropped and global stocks gained as news of an effective coronavirus vaccine outweighed worries about increasing infections. This fueled movement towards cut-price…
European Shares Hover at Eight-Month Highs as Economic Impact Weighs
On Tuesday, European shares almost reached eight-month highs due to optimism about a breakthrough in the development of a vaccine for the coronavirus. However, the…
Sterling Reaches Nine-Week High Overnight, Steadies before Brexit Talks
On Monday, Sterling rose in early London trading hours, after it reached a nine-week high overnight against the U.S. dollar, as a victory of Democrat…
