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(DAILY NOTION) GBP/USD Possible Break Above 1.3600 Level, Next Mover: Run-Off Elections in Georgia
Illustration photo of GBP/USD daily chart from Tradingview GBP/USD is currently trading around 1.3600. The pair traveled from a low of 1.3553 to a New York session high of 1.3641 as the weakness in the U.S. dollar. The market still remains cautious, leave the U.S. dollar underperformed and the
EURUSD Premieres Uneventfully At The Start Of The Year
EURUSD avoided great shakes at the start of the new trading year on Monday, holding muted marginally below the fresh 32-month high of 1.2309 reached last week. Even though the RSI is currently pointing upwards, the indicator has already created a lower high within the bullish area, while the MACD is

GBP/USD Forecast: Imposition of third lockdown in UK could cap the upside
A combination of factors prompted aggressive selling around GBP/USD on Monday. The imposition of stricter lockdowns in the UK weighed heavily on the British pound. A pullback in US equities benefitted the safe-haven USD and contributed to the slide. The GBP/USD pair witnessed a dramatic turnaround o

GLOBAL MARKETS-Stocks fall as virus cases rise; U.S. dollar edges higher
* U.S. stocks sharply lower in afternoon trading * Gold prices rally * U.S. bond prices fall (Updates with closing oil prices) NEW YORK, Jan 4 (Reuters) - U.S. stocks dropped more than 1% on Monday, the first trading day of the new year, pulling back after recent gains to record highs, while the U.S
UPDATE 1-Coronavirus, Brexit deter sovereign investors from property-data
(Adds detail, graphic) LONDON, Jan 4 (Reuters) - State-owned investment funds invested the least in real estate in eight years in 2020, shying away from offices and hotels in particular, as the coronavirus crisis and Brexit sapped appetite. In contrast, infrastructure, the other main real asset, pul
S&P 500, Dow tumble from record highs on nerves over Georgia runoff elections
(Reuters) -Wall Street’s main indexes fell nearly 2% on the first trading day of the year on Monday as nerves over the outcome of runoff elections in Georgia this week countered optimism over a vaccine-driven recovery in the global economy. The Dow was also dragged down by a near 4.3% fall in Boeing
Expecting the georgia senate runoffs to affect USD and the US Indices [Video]
The focus this week will be on the US Senate Run-off in the state of Georgia tomorrow. If the Democrats take both seats, that will give them control over the White House, the House of Representatives and the Senate. This will mean complete control over Coronavirus Stimulus Packages which will be goo
Grayscale’s Cryptocurrency Assets under Management Crosses $20 Billion
Photo: FM Grayscale, the world’s largest cryptocurrency asset manager, now has more than $20 billion worth of digital assets under management. The company’s Bitcoin holding has a value of nearly $17.5 billion. According to the latest update provided by the company on Twitter, Grayscale’s total asset

GBP/USD: Shrugs off Brexit deal passage above 1.3600 amid covid woes, DXY bounce
GBP/USD wavers around intraday low following the early-Asian run-up to fresh high since April 2018. UK’s Parliament passed Brexit deal even as SNP dislikes it, PM Johnson warns over the third national lockdown. Virus woes, uncertainty over $2,000 paycheck stimulus from the US challenge risks amid a
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EXCLUSIVE-Mexican finance minister criticizes central bank cash bill
(Adds quotes, details) MEXICO CITY, Dec 30 (Reuters) - Mexican Finance Minister Arturo Herrera on Wednesday criticized a divisive bill proposed by the country’s ruling party that would force the central bank to buy foreign cash commercial banks are unable to return to the financial system. “This cha
Spain Consumer Prices Continue To Fall In December
Spain's consumer prices continued to decline at the end of 2020, flash data published by the statistical office INE showed Wednesday. Consumer prices decreased 0.5 percent year-on-year in December after easing 0.8 percent in November. Prices have been falling since April. Likewise, the annual fall i
Canadian Dollar Eyes Bank of Canada Rate Decision as Covid-19 Cases Rise
Chart created with TradingView OUTLOOK: BearishBank of Canada (BOC) Rate DecisionThe Canadian Dollar will be closely watching the Bank of Canada rate decision following the latest meeting on July 15. Officials have warned that while the Canadian economy has somewhat reopened, the road to recovery wi

BTCUSD $26,300 Now Key
Bitcoin is starting to trade in an extremely large price range, following the early-week rejection from the $28,000 resistance zone. The BTCUSD pair has traded between the $24,000 and $28,000 over the last few days, making it the new short-term range. Technical analysis shows that the BTCUSD pair ne

Pull-up Update