Daily market commentary: The euro gains more than 1.5% against the US dollar LeapRate

March 24, 2020 BY Valentina Kirilova

Daily market commentary: The euro gains more than 1.5% against the US dollar

GOLD The gold price finds itself the perfect environment with first the Federal Reserve unleashing its potentially unlimited stimulus package, followed by the closure of some Swiss gold refineries due to coronavirus. Therefore, it is little surprise that the price is jumping, despite the temporary return of risk on sentiment to markets. Moreover, the huge…

March 24, 2020 BY Valentina Kirilova

Daily Market News: Equities shrug off UK lockdown to charge higher

Semiconductor names a standout as stocks continue slide While the S&P 500 sank 2.9% on Monday, with ten of its 11 sectors in the red, chip makers were a rare bright spot. The semiconductors sub-sector of the Information Technology sector gained 4.1%, led by names including Intel, Advanced Micro Devices and Nvidia which rose 8.2%,…

March 23, 2020 BY Valentina Kirilova

Weekly data preview: focus on governmental response to Covid-19

Fibonacci retracement here is based on the ongoing downward movement which paused in the second half of last week. The 38.2% appears to be an important area, with price failing twice to break above it on Thursday and Friday. There is no longer any indication of oversold on this timeframe from either Bollinger Bands or…

March 23, 2020 BY Valentina Kirilova

Daily market commentary: Shares tumble globally on Monday

EUROPEAN SHARES Shares tumbled globally on Monday, with prices returning to last week’s lows as the spread of the deadly virus continues to have a big impact on market sentiment. Even though most markets tried to consolidate around major technical support zones last week after one of the steepest declines in decades, investors’ trading stance…

March 23, 2020 BY Valentina Kirilova

Daily Market News: ‘Limit down’ overnight once again, sell off eases into European session

Friday afternoon selloff caps dire week for US stocks Last week was a dismal one for US stocks, with all three major indices posting double-digit losses despite the Federal Reserve slashing interest rates to near-zero and announcing the restarting of quantitative easing. The Dow Jones Industrial Average is now down 32.8% year-to-date, after a Friday…

March 19, 2020 BY Valentina Kirilova

Daily Market News: All asset classes sold as Sterling lowest since 1985, oil reaches double decade low

Boeing ‘on the brink’ In the US, the Dow Jones Industrial Average was the hardest hit of the three major indices on Wednesday, closing 6.3% lower, with Chevron, Boeing and Travelers the biggest losers. Boeing fell another 17.9% despite rumblings of a government bailout for airlines and aerospace firms, taking its one month loss close…

March 16, 2020 BY Valentina Kirilova

Weekly data preview: more turmoil ahead as Fed cuts to 0%

The following article was submitted by Michael Stark, market analyst at Exness. Markets are now entering their fourth week of ‘panic mode’ as the coronavirus and measures to tackle its spread seem set to cause a recession around the world this year. This week’s most important regular data is claimant count change from the UK…

March 13, 2020 BY Valentina Kirilova

Daily Market News: Cryptos plummet overnight after worst day for markets since 1987

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…

March 12, 2020 BY Valentina Kirilova

Daily Market News: Dow plunges into a bear market after US announces travel ban

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…

March 10, 2020 BY Valentina Kirilova

Daily market commentary: The dollar bounces back

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…

Tag: forex

Daily market commentary: The euro gains more than 1.5% against the US dollar

Daily Market News: Equities shrug off UK lockdown to charge higher

Weekly data preview: focus on governmental response to Covid-19

Daily market commentary: Shares tumble globally on Monday

Daily Market News: ‘Limit down’ overnight once again, sell off eases into European session

Daily Market News: All asset classes sold as Sterling lowest since 1985, oil reaches double decade low

Weekly data preview: more turmoil ahead as Fed cuts to 0%

Daily Market News: Cryptos plummet overnight after worst day for markets since 1987

Daily Market News: Dow plunges into a bear market after US announces travel ban

Daily market commentary: The dollar bounces back

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