Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 7, 2020. Burberry sent a chilling warning to investors this morning in an unplanned announcement which revealed the impact the coronavirus is having on the ground in China. The group said the outbreak of the coronavirus…
Read more
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…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 6, 2020. The biggest headline in the US at the end of Wednesday was President Donald Trump’s acquittal in his Senate impeachment trial, which had been broadly anticipated and - as with the impeachment process generally…
Read more
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…
Read more
The following article is written by Alejandro Zambrano, Chief Market Strategist, ATFX. On February 12, the New Zealand central bank, the Reserve Bank of New Zealand (RBNZ), will host a rate meeting. The key interest rate is at 1% and economists do not anticipate a change in interest. However, their language might change to less dovish…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 5, 2020. After seeing prices slashed by 20% from its 2020 peak, oil has started to put up a bit of a fight on hopes that OPEC may intervene and cut output by 500,000 barrels per…
Read more
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…
Read more
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…
Read more
This article was submitted by Michael Stark, market analyst at Exness. The key focus of this week’s economic data for forex markets is Friday’s non-farm payrolls. Crucial employment data is also expected from Canada on Friday and New Zealand tonight. Meanwhile the coronavirus remains in focus for many traders although some degree of calm has…
Read more
The following article was written by Jonathan Jackson. Late in 2019, the Australian Competition and Consumer Commission (ACCC) has confirmed that domestic wholesale gas prices have risen two to three times higher than historical prices. This has put many trade-exposed Australian manufacturers under extreme pressure. There is also continuing uncertainty about the longer-term supply outlook.…
Read more