ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 10, 2019. See details below: Gold Gold is declining following a strong beginning of the week for the stock market, as investor sentiment seems to have switched to risk-on (at least for now)a after a trade deal has been reached…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 29, 2019. EURUSD The Euro closed lower on Tuesday, closing at 1.1166(-27 pips) against the greenback. The greenback surged on the back of positive data from the CB Consumer Confidence Index up in May to 134.1…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 7, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Aims for $6,200: Bitcoin has outperformed most traditional asset classes since the beginning of 2019. It…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 26, 2019. EUR/USD USD strength has continued to surge overnight and climbed to a near two-year high against the Euro dollar. This was inspired by upbeat U.S. data from both the initial jobless claims and durable…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 10, 2019. Forex/Brexit The Pound remains within a tight range, currently trading around $1.30. Despite overnight reports pointing to EU intentions to offer the UK an extension to article 50, that could last for up to a year, the Pound barely moved.…
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ActivTrades' Market Analysts have provided their daily commentary on traditional markets for April 9, 2019. Forex The British Pound remains within a tight range, around the $1.30 mark. This lack of movement reflects to some extent the markets uncertainty about the outcome of the Brexit process, as well as unwillingness to trade Sterling until there…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2018. Highlights include: Weak Jobs Numbers Leads Gloomy News Cycle: Weaker jobs, weaker stance taken by Fed and the latest disagreement between Xi and Trump are all affecting the market. The focus is…
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The following article was written by FXTM Research Analyst Lukman Otunuga. On the first Friday of every month, circa 1.30pm GMT, the US Bureau of Labor Statistics issues its monthly Employment Situation Summary – more widely known as the Jobs Report. The report not only estimates the number of employed and unemployed citizens, but also…
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The dollar hit seven-week highs vs the yen today, as investors awaited U.S. jobs data ahead of next week's Federal Reserve meeting, while weak inflation figures pushed the Norwegian crown to four-month lows against a stronger euro, Reuters reported. The single currency rose a third of a percent to a four-day high of $1.0619, having…
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Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the "Trumpflation trade" lost momentum, Reuters reported. World stocks have hit record highs, emerging markets have come back in favor and the dollar has climbed to a 14-year peak in recent weeks…
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