ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 6, 2020. This is not a trading advice. See details below: FOREX The dollar’s debacle continues, with losses of almost 3.5% in the last two weeks on the index that tracks the greenback's performance . The threat posed by coronavirus to the growth…
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Looking back at the most intriguing and popular Forex industry news from the past week at LeapRate. Jan Kotowski, X Open Hub’s International Business Developer and a financial market enthusiast and individual trader with over 11 years of experience joined LeapRate to discuss the year ahead for X Open Hub, key traders’ demands in 2019…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 5, 2020. While the coronavirus epidemic was still very much front of mind on Wednesday, Joe Biden’s Super Tuesday surge in the race for the Democratic nomination drove markets higher. Previously, Bernie Sanders’ former status as…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 5, 2020. This is not a trading advice. See details below: FOREX The US dollar is once again recording losses to other major currencies, especially in the case of the traditional safe haven yen, which traded at 107.27 versus the greenback during the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 4, 2020. Markets have bounced this morning as investors react to potential stimulus measures, including the Federal Reserve’s emergency rate cut yesterday. There is now a 90% chance of a cut from the ECB priced in…
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The following article was written by Alejandro Zambrano, Chief Market Strategist, ATFX. The dollar index, DXY, had a great start to the new decade, as the currency turned higher from December 31, 2019, and never looked back until February 20. At one point the USD was up by 3.67%, and against the Euro, the dollar…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 4, 2020. This is not a trading advice. See details below: FOREX Yesterday the dollar lost more than 1% to the Japanese yen, reflecting the Fed’s emergency rate cut of half a point, as well as a flight to safety with investors seeking…
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Australia’s central bank has announced today that it has cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5%. Nonetheless, the new coronavirus continues to drive markets, with Asian stocks in retreat overnight. Ahead of an expected move by the Fed, the RBA has acted to shore…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 3, 2020. Analysts’ hopes that the Federal Reserve will step in with interest rate cuts and stabilise markets sent shares soaring yesterday, with the Dow Jones Industrial Average jumping 5.1% to deliver its best day since…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 3, 2020. This is not a trading advice. See details below: FOREX The US Dollar Index gains of less than 0.1% during early Tuesday are modest but still remarkable when you consider the greenback’s losing streak of more than 2% over the previous…
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