Daily market commentary: The DAX-30 Index is one of Europe’s top performers LeapRate

July 06, 2020 BY Valentina Kirilova

Daily market commentary: The DAX-30 Index is one of Europe’s top performers

EUROPEAN SHARES All eurozone benchmarks opened significantly higher on Monday as the momentum on riskier assets remains strongly bullish momentum despite coronavirus cases continuing to rise over the weekend. As explained in previous reports, the recent positive macro data and potential development of a cure against the virus boosted market sentiment last week. However, the…

July 02, 2020 BY Valentina Kirilova

Daily market commentary: Expectations for a quick economic recovery curb gold’s rally

EUROPEAN SHARES European shares traded significantly higher on Thursday, continuing the bullish trend from Asian stocks and extending yesterday’s gains amid a renewed appetite for risk. Yesterday’s news about Pfizer and BioNTech’s successful vaccine trial turned market sentiment upside down as it came while investors were preparing to redirect their exposure from risk assets to…

June 05, 2020 BY Valentina Kirilova

Daily market commentary: The euro touches maximums not seen since March

EUROPEAN SHARES A raft of bullish factors saw European Stocks open significantly higher, following the tone set by Asian markets overnight, and with US Futures also pointing to a firmer open, trading optimism has rarely been this high. The party goes on for stock traders after the ECB surprised investors by announcing a higher than…

May 29, 2020 BY Valentina Kirilova

Daily market commentary: The Euro is on the fourth consecutive day of gains against the dollar

EUROPEAN SHARES Shares opened lower throughout Europe as uncertainty rises ahead of what may prove to be an eventful day. Even if simmering Sino-US tensions are nothing new to investors, the relationship between the two blocs has now become the biggest source of uncertainty to markets. President Trump is set to hold a press conference…

March 27, 2020 BY Valentina Kirilova

Daily market commentary: Gold finds some stability

EUROPEAN SHARES Friday saw most European benchmarks consolidate following a solid three day rally. The market sentiment remains alive today, thanks to the global support measures taken in almost every region. However, investors around the world may be tempted to take some profits before the weekend. The spread of the virus doesn’t seem to be…

the most popular Forex industry news from the past week

March 06, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Australia cuts rate to record low, key traders’ demands discussion, and more

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…

March 04, 2020 BY Valentina Kirilova

USD: Dollar index fails to break support on surprise Fed interest rate cuts, what lies ahead?

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…

February 28, 2020 BY Valentina Kirilova

5 reasons why the Eurodollar may continue to fall

THe following article was written by Giles Coghlan, Chief Currency Analyst at HYCM. The Eurodollar pair has been under a great deal of pressure so far in 2020. Up to now, we’ve seen it crashing through last September’s support to trade at levels last seen in 2017. This has caused some commentators to speculate as…

November 29, 2019 BY Valentina Kirilova

What lies ahead for the US Dollar in 2020?

The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…

June 18, 2019 BY Valentina Kirilova

AETOS daily forex market commentary

ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 18, 2019. EURUSD The euro strengthened on Monday, closing at 1.1222(+7 pips) against the greenback. The greenback started the week advancing against most major rivals, although its strength faded as the day went by, ending it…

Tag: EUR/USD