Market Reviews

Is there upside for the EUR/USD?

Is there upside for the EUR/USD?

Is there upside for the EUR/USD? The European Commission wants to borrow €750B to help European Nations less capitalized, pushing the EUR/USD higher. This is on the back Germany and France’s proposal for a €500B fund intended to be given as grants to poorer nations such as...

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Risk on prevails pushing stocks higher

Risk on prevails pushing stocks higher

Risk on prevails pushing stocks higher It is a firing start to the trading week as significant indices are in the green as risk on prevails. The SP500 reached a gain of 3%, breaching that psychological 3,000 mark. Although bears took some control near the end of the trading...

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Week ahead: GDP and Inflation

Week ahead: GDP and Inflation

Week ahead: GDP and Inflation It is a busy week ahead for the markets as the Coronavirus is still front and center. Oil is up 75% in the past month while tensions between the United States and China escelates. Traders and investors should take caution when entering into the...

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Gold down as risk on prevails

Gold down as risk on prevails

Gold down as risk on prevails Gold reached an all-time high earlier this week as it cleared the $1,750 level. It was able to reach bids at $1,765 before the US trading station started for the week. However, this rally was not sustainable as Risk on prevailed. This was due to...

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Risk on: Oil and Stocks up

Risk on: Oil and Stocks up

Risk on: Oil and Stocks up Its risk on to the start of the US trading week as promising vaccine results amongst a resurrection in Chinese oil demand send equities and oil soaring.     The SP500 is up near 3% on the back of Moderna, stating that their Coronavirus...

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