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Sterling Falls On Risk Of Lockdown Measures

The British pound sterling is posting steep losses on Monday. The declines come amid threats of new tougher lockdown measures in the United Kingdom. The one day implied volatility is once again pushing higher. After trading near the highs, Monday’s bearish close could confirm the downside. This woul

Where Did You Gold? - Gold Price Expected to be Bullish

Illustration photo of Gold Price H4 Chart from economies.com Ending above 1928.60 yesterday, gold is expected to have more gains on the short- and medium-term basis, while noting that the next station is at 1970.00. Current negative stochastic may cause a brief fluctuation sideways before continuing
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CANADA STOCKS-TSX rises on gains in materials stocks, upbeat manufacturing data

(Adds details; updates prices) Jan 4 (Reuters) - Canada’s main stock index rallied in the first trading session of the year on Monday, helped by gains in materials stocks, while upbeat factory data for December bolstered optimism around an economic recovery. * The materials sector, which includes pr

Gold Price Started A Fresh Increase Above $1,880

Gold price started a fresh increase above the $1,880 resistance against the US Dollar. The price even broke the main $1,900 resistance zone to move into a positive zone. There was also a close above the $1,910 level and the 50 hourly simple moving average. A high is formed near $1,925 on FXOpen and

Sterling ends 2020 in style

The British pound has added further gains in Thursday trade. Currently, GBP/USD is trading at 1.3662, up 0.28% on the day. Pound hits 31-month high A light data calendar during Christmas week has not dampened enthusiasm for the British pound. The currency started off the week on the wrong foot but h

Asian factories shake off COVID-19 hit, tighter controls cloud outlook

TOKYO (Reuters) - Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the COVID-19 pandemic. But Chinese factory growth slowed and tougher

Once we're vaccinated, 2021 will feel like the 2013 taper tantrum – IIF

According to Robin Brooks, Chief Economist at the Institute of International Finance, the global economy would rebound, and markets would test how committed the Federal Reserve is to keeping real or inflation-adjusted interest rates low once mass coronavirus vaccination begins. "Once we're vaccinate
(Reuters) U.S. May Cut Some COVID Vaccine Doses in Half to Speed Rollout. - Jan 4, 2021.#CoronavirusVaccine##moderna##Pfizer##FlashNews#
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Highest Daily COVID Death Toll, New Coronavirus Strain Reported In US

The volume of various COVID metrics in the United States rebounded on Wednesday, reporting the highest number of daily deaths and total hospitalizations ever recorded in the country. On the same day, the first known case of the new Covid-19 variant in the United States has been confirmed. The news t

The US has already lost the 2020 crypto regulation race to Europe

When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. Photo: Cointelegraph 2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, su

GBP/USD Forecast: Bulls dominate, despite coronavirus concerns

GBP/USD Current price: 1.3671 The UK Parliament backed the post-Brexit trade deal with the EU. UK´s record coronavirus contagions forced the government to announce tougher measures. GBP/USD is technically bullish in the near-term, needs to break above 1.3710 to extend rally. The British Pound is the

PRECIOUS-Gold set to wrap up shiniest year since 2010

(Adds analyst comments, updates prices) * European shares retreat, set to end year with losses * Silver up 48% this year, also on track for best year since 2010 * Palladium up for fifth straight year, gains 22% in 2020 * Interactive graphic tracking global spread of coronavirus: tmsnrt.rs/3mvcUoa De

Yuan up 6.5% vs dollar in 2020, set for first annual gain in three yrs

SHANGHAI, Dec 31 (Reuters) - China’s onshore spot yuan finished its domestic trading session at 6.5398 per dollar on Thursday, strengthening 6.5% against the greenback this year. If the spot price finishes the late-night session at the domestic closing level, it will book its first annual gain in th

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