Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 5, 2020. After seeing prices slashed by 20% from its 2020 peak, oil has started to put up a bit of a fight on hopes that OPEC may intervene and cut output by 500,000 barrels per…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 5, 2020. This is not a trading advice. See details below: FOREX For the second consecutive day the yuan is recovering some of the lost ground to the US dollar. This is because the World Health Organisation believes the coronavirus hasn’t yet shown…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 4, 2020. This is not a trading advice. See details below: FOREX The pound is continuing the trend from yesterday, a day in which the British currency lost more than 1.4% to the US dollar and 1.2% to the euro, with further losses…
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This article was submitted by Michael Stark, market analyst at Exness. The key focus of this week’s economic data for forex markets is Friday’s non-farm payrolls. Crucial employment data is also expected from Canada on Friday and New Zealand tonight. Meanwhile the coronavirus remains in focus for many traders although some degree of calm has…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 3, 2020. On the first day back trading after the extended Lunar New Year holiday, investors fled Chinese stocks en masse. The Shanghai composite was down almost 8%, thousands of stocks hit their 10% daily limit…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 3, 2020. This is not a trading advice. See details below: FOREX/BREXIT The Pound lost more than 0.3% to the US dollar and is also down against the Euro, during early Monday trading, as the markets brace for a Boris Johnson speech, during…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 29, 2020. Bitcoin and the other largest cryptoassets are surging this week, moving within touching distance of three-month highs this morning as investors look to alternatives to equities. Having rallied over 12% in 3 days, it…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for January 29, 2020. This is not a trading advice. See details below: FOREX The US dollar is strengthening against other major currencies, as illustrated by the US Dollar Index, which is up by roughly 0.1% during early Wednesday trading. Judging by the greenback’s performance…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for January 28, 2020. This is not a trading advice. See details below: FOREX The pound is displaying weakness against both the euro and the dollar, having lost almost 0.4% against both currencies during the early part of Tuesday’s trading session. Investors’ apprehension over there…
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The following article was submitted by Michael Stark, market analyst at Exness. The most important events this week for forex markets are the meetings of the Fed and the BoE on Wednesday and Thursday. Other key releases include GDP in the USA and various countries in the eurozone. Last week’s most important scheduled event was…
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