GOLD In the last few days we have seen an acceleration of the gold price as it seems that investors are starting to realize that central banks will be forced to print a huge amount of money and put in place other ultra-expensive measures to fight the coronavirus-induced crisis. From a technical point of view,…
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EUROPEAN SHARES All European benchmarks are trading significantly higher on Tuesday, extending yesterday’s gains, as market sentiment strengthened towards risk assets such as stocks and corporate bonds. This revived risk appetite, mainly built on hopes of an easing of the COVID-19 spread, is getting stronger and stronger as new reassuring data confirm the progress we…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 2, 2020. This is not a trading advice. See details below: FOREX The US dollar is currently trading at $1.1085 versus the euro, shedding another 0.3% during early Monday trading after losses of more than 1.8% over the course of last week. On…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 21, 2020. This is not a trading advice. See details below: FOREX The yuan is down more than 0.4% against the US dollar during the early part of Tuesday’s session, as fears grow over reports of a new SARS-like virus…
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The following market analysis was prepared for LeapRate by Ramy Abouzaid, ATFX (AE) Head of Market Research. Faced with a historical impeachment, Trump tweeted “I’m not worried!” Democrats: “We did not choose this impeachment”, Republicans answer “oh come on”. On Wednesday the 18th of December - a Democratic-led US House of Representatives impeached US President Donald…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 23, 2019. This is not a trading advice. See details below: FOREX At a time of subdued market activity due to the holiday season, the euro is finding support on the back of good news on the international trading front.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 20, 2019. This is not a trading advice. See details below: FOREX Despite some gains during early Friday trading, the Pound is on course for the worst week in 2 years, having lost almost 2.5% to the US Dollar. Sterling…
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The President of Iran has proposed that Muslim countries adopt a cryptocurrency. President Hassan Rouhani commented that the domination of the US dollar has allowed economic sanctions to basically weaken economies. Thus, an action must be taken to neutralize this negative effect of the USD. The President of Iran has expressed his wish for a cryptocurrency…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 19, 2019. This is not a trading advice. See details below: FOREX The US dollar is showing weakness in the aftermath of President Trump’s impeachment. The Dollar Index is down by 0.1% this Thursday, following the vote by the House…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 9, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound edged up against the US dollar by 0.2% during early Monday trading. The continuous support found by Sterling, especially over the last two weeks, arises from…
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