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US Dollar Index stays depressed near 89.70 ahead of data

The dollar adds to Monday’s losses near 89.70. Focus turns to US politics and the vote in Georgia. The ISM Manufacturing will take centre stage in the US docket. The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main rivals, keeps the negative mood unchanged in the first half of t

GBP/JPY back below 140.00 again after hitting three-month highs above 141.00

GBP/JPY has been on the back foot with GBP struggling given lockdown concerns and JPY bid amid risk-off. The pair has slipped back from three-month highs above 141.00 to below the 140.00 level. GBP/JPY has been on the back foot for the most part during Monday’s session, slipping below the 140.00 lev

Focus on the data, but politics still in play

After last week’s focus on US stimulus, Brexit, vaccine roll outs, virus worries, and lockdowns, attention will turn back to fundamentals with heavy data slates around the world. However, politics will still be an issue near term. On the immediate radar are the runoff elections in Georgia which will

Portugal Consumer Prices Fall In December

Portugal's consumer prices declined in December, preliminary data from Statistics Portugal showed on Monday. The consumer price index fell 0.22 percent year-on-year in November, same as seen in November. The core CPI, which excludes energy and unprocessed food products components fell 0.1 percent in

USD/CAD trades at multi-year lows near 1.2670 ahead of PMI data

USD/CAD is falling for the seventh straight trading day. WTI touched its highest level since February 2020 at $49.80. Focus shifts to PMI data from Canada and the US. The USD/CAD pair lost 140 pips last week and extended its slide on Monday pressured by broad USD weakness and surging crude oil price

FinCEN Wants Disclosure of Americans’ Offshore Crypto Holdings

Photo: FM The Financial Crimes Enforcement Network (FinCEN) has dropped another bomb on the cryptocurrency industry in the last hours of 2020, as it revealed its intentions to make the reporting of crypto holdings over $10,000 mandatory held with foreign digital currency service providers. In a prop

UPDATE 1-UK two-year bonds finish 2020 at record high on COVID fears

(Adds detail, updates prices) LONDON, Dec 31 (Reuters) - British two-year government bonds finished 2020 at an all-time high, as ongoing concern about rising coronavirus cases pushed yields deeper into negative territory and investors sought safe assets on the final trading day of the year. Two-year

GBP/USD Kembali Ke Puncak 31-Bulan Di Atas 1,3600 Karena Parlemen Inggris Setujui Kesepakatan Brexit

GBP/USD tetap optimis dekat puncak multi-bulan, naik untuk hari ketiga berturut-turut.House of Lords Inggris menyetujui perjanjian perdagangan pasca-Brexit, seperti yang diharapkan.PM Inggris Johnson mengatakan Inggris sedang dalam "perlombaan" untuk meluncurkan vaksin covid demi menghindari lo
As we mark the end of 2020, hopefully a new year brings all of us to embark on a journey to a brighter future. We wish all FOLLOWME users the best and thank you for your support along the way! Share y...

US STOCKS-Wall Street ends up on recovery expectation

* Energy, materials rise * Britain OK’s emergency use of AstraZeneca COVID-19 vaccine * Mastercard jumps on Stephens PT raise (Updates to market close) NEW YORK, Dec 30 (Reuters) - U.S. stocks closed higher on Wednesday as investors looked towards an improving economic outlook in 2021 on the back of

REVIEW - Grand Capital CFD Broker

Photo: Google Image Overview Grand Capital Forex brokers is an innovative broker that is also experiencing significant growth over the years. The broker is an international provider of online trading services. The brokerage has been able to serve its clients since 2006 with the best and differentiat

USD/INR Forecast: Rupee Strengthens in Thin Holiday Trading

The US dollar initially tried to rally against the Indian rupee during the trading session on Tuesday. But it should be noted that we are trading very thin volumes right now, and that will be especially true when it comes to emerging market currencies such as the USD/INR currency pair. It is worth n

Germany's RKI: Virus is still widespread in all population and age groups

Head of Germany's Robert Koch Institue noted on Wednesday that the coronavirus is still widespread in all population and age groups and Health Minister Jens Spahn said he doesn't see that they can go back to normality under current conditions. "There will be no compulsory vaccination for healthcare
(Yahoo Finance) The Faster We Inoculate the Coronavirus Vaccine, The Faster the Economy Will Recover. - Dec 30, 2020.#TrumpStimulusPackage##CoronavirusVaccine#...

AUD/USD: En-route fresh multi-month high above 0.7640, eyes US Senate updates

AUD/USD consolidates recent gains above 0.7600 while waiting for US stimulus updates from Capitol Hill. Senate Majority Republican Leader Mitch McConnell recently blocked the way for $1,400 extra paycheck amount. Headlines concerning China, Brexit and the virus can offer additional direction amid a

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