Nov 09 2020 at 05:45
EUR is definitely falling down due to COVID’s 2nd hit, seems all the major countries will shut down again.
Nov 09 2020 at 06:53
^ same here, it will fall down for sometimes.
Nov 09 2020 at 07:53
Still scary to see it breaking down in last week’s trading session.
Nov 09 2020 at 11:08
My only suspicion lies in the appreciation of USD till the elections are over where it squared the EUR positions. Plus the EU locking things down.
Nov 09 2020 at 13:25
I think US election results may leave the financial market in turmoil for some time.
Nov 10 2020 at 00:43
I think the USD could be strong based on the results of the US election.
Nov 10 2020 at 04:33
British Pound seems to slice through. Initial hours of the trading session had pulled the major selloffs of dollar in general which is equaling the goodwill of GBP. Only looks like for short term and that too due to Brexit being the major driver.
In my yesterday’s session (with Oanda and Fxview in parallel), I feel buying the dips had worked, though I don’t prefer doing it usually.
In my yesterday’s session (with Oanda and Fxview in parallel), I feel buying the dips had worked, though I don’t prefer doing it usually.
Nov 10 2020 at 07:45
With ECB planning to ease the monetary policy further due to Covid, it will complicate the situation for the Euro.
Nov 10 2020 at 12:05
With bearish Euro and bullish dollar, I can just see the outlook very jaded, especially if the support value of 1.16 breaks. I have closed all my open positions with this pair, except the one which is a small amount with fxview, just in case my theories take a hit for the good. But really, as per all my calculations and news updates on bloomberg, Ig, i don’t see that happening.
Nov 11 2020 at 04:51
Can expect some volatility in currency pairs in this month with 2nd Wave of covid and the election results. Even the most widely traded EURUSD is zonking around hard. In fact my reason always for trading this pair was its relative less volatility and more predictability. That was my game before the mayhem!
Nov 09 2021 at 17:45
Brexit woes amid looming Article 16 trigger could threaten cable’s recovery. Powell, Bailey, and US PPI awaited.
Nov 11 2021 at 15:54
EUR/USD is trading close to 1.1600. The US dollar tracks Treasury yields lower, shrugging off a cautious market mood amid resurfacing Chinese property sector woes.
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