Equities sink as second wave fears bite, but currencies stay calm
Spiraling infections and tightening US election inject caution [...]
Trading news
Dollar weakens ahead of employment data
The dollar lost momentum versus its main counterparts, today, amid the investors and the traders resuming their focus on the upcoming employment data release in the U.S.
Euro and dollar trade to 1.0677
The EUR/USD currency pair traded to 1.0677, rising 0.18%, being the highest zone since November. The GBP/USD pair traded at 1.2637, gaining 0.36%.
The USD/JPY stabilized at 114.06, amid having climbed on Thursday at the 114.83 zone. The AUD/USD traded at 0.7417, and the U.S. dollar index traded to November's weakest level at 100.87.
The precious commodity, gold, in the New York Mercantile Exchange on the Comex Division, traded at $1,175.30, 0.50% higher.
Brent crude futures reached the $53.78 per barrel and declined 0.3% or 16 cents. The WTI futures traded at $51.06.
Read More
Friday, 02 Dec, 2016 / 10:19
Trading news
FTSE dragged down as PM Boris Johnson faced a revolt – FTSE 100 Market Outlook – 27/10/2020
The FTSE 100 hit our short entry support target lower, as energy prices [...]
Dovish ECB expectations might limit any upside potential – EUR/USD Market Outlook – 27/10/2020
The Euro bulls, once again, found support at the 1.18 level, despite major [...]
