Daily market commentary: Dollar Index continues to hover close to its highest level in two months LeapRate

September 28, 2020 BY Steffy Bogdanova

Daily market commentary: Dollar Index continues to hover close to its highest level in two months

EUROPEAN SHARES European markets opened higher on Monday, continuing the trend registered overnight in Tokyo, Hong-Kong and Seoul as investors welcomed the latest encouraging data from China. While Beijing's economic recovery seems to be well underway, tensions with Washington continue to grow after the US issued another export restriction on China's largest chipmaker. Monday morning's rally…

September 25, 2020 BY Valentina Kirilova

Daily market commentary: The dollar index hedges lower

EUROPEAN SHARES Volatility continues to increase in stock markets as the week draws to an end, especially in Europe, where most benchmarks opened mixed but with strong price actions. Rising virus infections are weighing on market sentiment, principally after France and the UK registered new record numbers. Investor hopes are now that new governmental stimulus…

September 24, 2020 BY Valentina Kirilova

Daily market commentary: Gold price falls to its lowest level since July

GOLD Gold price has fallen to its lowest level since late July, while greenback continues to recover with the Dollar Index reaching 94.5. Technically, an important point has now been reached with the break-down dragging the price down to the low point of August. This represents a bearish signal, as the price plummeted to $1,850, well…

September 23, 2020 BY Valentina Kirilova

Daily market commentary: Dollar Index reaches an eight-week high

GOLD The turmoil on stocks seen earlier this week and particularly the greenback’s recovery are hitting gold. The Dollar Index gained by 1.5% to 94.2, which was enough to generate a sharp fall for the yellow metal. The sharp decline below $1,920 demonstrated a weakness for bullion, something not seen for quite a few weeks,…

September 22, 2020 BY Valentina Kirilova

Daily Market News: Stocks sink worldwide on stimulus, renewed virus concerns

British Airways parent down double digits Similar to the US, airlines and travel names were among the hardest hit in the UK yesterday, when the FTSE 100 closed down 3.4% and the FTSE 250 was off by 4%. Renewed second wave and lockdown fears were the order of the day, with British Airways owner IAG…

September 22, 2020 BY Valentina Kirilova

Daily market commentary: The pound is continuing to depreciate versus its peers

EUROPEAN SHARES European share markets registered a slight rebound on Tuesday, following Monday’s sell-off, while US futures and Asian stocks kept on trading lower led by the financial sector. Even if there are now numerous bearish market drivers, rising Covid-19 numbers in several countries and uncertainty over further US fiscal stimulus are the most important…

September 21, 2020 BY Valentina Kirilova

Daily Market News: Markets under pressure amid Covid resurgence

Energy stocks lead the week after oil rallies back past $40 a barrel The top line figures for the major US stock indices do not tell the full story of last week. Given their dominance market cap wise, the tech giants can easily swing indices into the red even when other sectors are performing well.…

September 21, 2020 BY Valentina Kirilova

Daily market commentary: The pound is starting the week on the backfoot

GOLD Stocks are in red while the threat of new lockdowns increases. Despite this, gold isn’t finding any fuel for new rallies and the price is languishing, losing more than $10. Technically the scenario is unchanged, with a first support zone placed at $1,920, while we would have a major negative signal with a fall…

September 18, 2020 BY Valentina Kirilova

Daily market commentary: The gold price continues the slow dance

GOLD The gold price is little changed, continuing the slow dance seen in the last few days around $1,950. Bullion is waiting for new market drivers, as investors seem to have fully priced in the current scenario and the hyper-expansive monetary policies of central banks. Carlo Alberto De Casa – Chief analyst, ActivTrades OIL This week’s oil…

September 17, 2020 BY Steffy Bogdanova

Is waiting for a ‘client drop’ really the best way to manage P&L and risk? Jeff Wilkins speaks

LR: What are the biggest trends you have been seeing? Jeff: First of all, it’s clear that in many cases, the money that brokers make from their B-book is actually just a small proportion of their overall revenue but it comes with a very high proportion of risk, which means that their P&L is extremely volatile.…

Tag: forex

Daily market commentary: Dollar Index continues to hover close to its highest level in two months

Daily market commentary: The dollar index hedges lower

Daily market commentary: Gold price falls to its lowest level since July

Daily market commentary: Dollar Index reaches an eight-week high

Daily Market News: Stocks sink worldwide on stimulus, renewed virus concerns

Daily market commentary: The pound is continuing to depreciate versus its peers

Daily Market News: Markets under pressure amid Covid resurgence

Daily market commentary: The pound is starting the week on the backfoot

Daily market commentary: The gold price continues the slow dance

Is waiting for a ‘client drop’ really the best way to manage P&L and risk? Jeff Wilkins speaks

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