ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 12, 2020. This is not a trading advice. See details below: FOREX The dollar is standing firm following Jerome Powell’s remarks on the impact of the coronavirus on the global economy’s growth prospects. The Chairman of the Federal Reserve acknowledged the potential spread…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 11, 2020. This is not a trading advice. See details below: FOREX The US dollar is enjoying its 7th consecutive session of gains against a basket of other major currencies, with the Dollar Index comfortably above 98.7, the highest it has been since…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 10, 2020. This is not a trading advice. See details below: FOREX The yuan gained more than 0.25% to the US dollar, following the publication of positive Chinese inflation data and the return to work of millions of workers. The Lunar New Year…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 7, 2020. This is not a trading advice. See details below: GOLD The US dollar is still by far the strongest currency on the FX market, with the euro/dollar recently reaching a 4-month-low. Despite this, the gold price is showing good resilience, holding…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 6, 2020. This is not a trading advice. See details below: FOREX Despite the increasing number of fatalities associated with the coronavirus, as well as concerns about the duration of economy-damaging travel bans, the yuan continues to recover against the US dollar and…
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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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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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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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