Trading news

AUD Surged Amid Risk-On Tone


During Asian session, the market mood is slightly risk-on with Asian stock traded mixed, mixed yields, lower volatility, and weaker in safe-havens.

In FX markets, AUD is leading across the board, as economists pushing back expectations for a rate cut to November from next week.

Meanwhile, GBP remains supported by hopes for a breakthrough in the Brexit negotiations before the October 15th deadline.

On the other hand, JPY being pressured amid ongoing recovery in risk sentiment compared to last week.

In the European session, the analysts expect the risk tone remains optimistic, with the markets to continues to push back against RBA easing expectations for next week, and AUD to remain supported.

Xero Capital Markets Ltd. Review

Tuesday, 29 Sep, 2020 / 11:30

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Gold Trades Muted Despite Bearish Market Sentiment

The precious metal is attempting to make some recovery, but price action [...]

Posted on Tuesday, 27 Oct, 2020 / 1:35 under

WTI Crude Oil Loses The 38.83 Floor Again

Oil prices are trading bearish, as the sentiment shifts to the downside. The [...]

Posted on Tuesday, 27 Oct, 2020 / 1:34 under

GBPUSD Holds The Range Between 1.3122 & 1.3000

The British pound sterling drifted lower on Monday as intraday prices briefly [...]

Posted on Tuesday, 27 Oct, 2020 / 1:33 under