ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 16, 2020. This is not a trading advice. See details below: GOLD The gold price jumped up to $1,570 on today’s open, far higher than Friday’s close, before returning to $1,535. Despite the huge liquidity that the Federal Reserve is splashing into markets,…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 13, 2020. Cryptoassets plunged to their lowest levels for almost a year and Asian markets saw continued selling overnight. Bitcoin briefly acquired a valuation less than $4k but has now rebounded and is challenging the…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 13, 2020. This is not a trading advice. See details below: EUROPEAN SHARES Share markets are rebounding slightly on Friday in an attempt of a price stabilization following the worst sell-off since the 1987 crisis. This bullish opening on EU shares has been…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 12, 2020. President Trump took drastic action on Wednesday night, shutting off travel between the US and Europe (excluding the UK) for 30 days, in a move expected to rattle markets and has sent them further…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 12, 2020. This is not a trading advice. See details below: FOREX It looks like Thursday will be another day of gains for the Swiss franc and the Japanese yen, as investors seek the refuge of the two safe haven currencies. Last night’s…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 11, 2020. In the UK this morning, the Bank of England cut interest rates by 50 basis points to 0.25% in a near unprecedented step, taking them back to a record low level not seen since…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 11, 2020. This is not a trading advice. See details below: FOREX The pound is up against both the dollar and the euro, following the Bank of England’s surprise announcement of a rate cut and support for bank lending. The unexpected decision is…
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The following market analysis was written by Alejandro Zambrano, Chief Market Strategist, ATFX. Crude oil prices (Brent) just experienced an epic slide as Saudi Arabia started a new price war with a big bang, making today’s crude oil price decline the sharpest one since the Gulf War in the early 1990s. The demand for crude oil has…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 10, 2020. This is not a trading advice. See details below: FOREX The dollar bounced back against other major currencies following political statements from the White House that showed a willingness to act, through concerted economic policies, to mitigate the fallout from the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 9, 2020. US stock futures hit their daily down limit of 5% and shares in Asia dived as the first shots were fired in an all-out global oil price war and waves of negative coronavirus news…
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