The following market analysis was prepared by Ramy Abouzaid, ATFX (AE) Head of Market Research. Following the outbreak of the coronavirus and the uncertainty in the markets, the eurozone economic sentiment - especially in its biggest economic countries – wasn’t really optimistic. And it is not like, they were that optimistic before - many long…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 17, 2020. This is not a trading advice. See details below: FOREX The big foreign exchange news of the day concerns the euro and its performance against the dollar. During the early Monday session the single currency gained almost 0.1% against the greenback.…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 13, 2020. This is not a trading advice. See details below: FOREX The euro sunk to its lowest in 2½ years against the dollar during the early part of Thursday’s session, following the publication of December eurozone industrial production output data, which came…
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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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The following article was written by Ramy Abouzaid, Head of Market Research of ATFX (AE). The retail sales figures are a significant part of the economic data released by the US economy, and its release is one of the most influencing events in the market during the month. The importance of the retail sales report…
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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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