Markets

Dollar dominates amid Brexit uncertainty and stimulus, US retail sales in focus

This is what you need to know to trade today Friday, October 16: The dollar maintains its gains amid growing

GBP / USD shows strong resistance at 1.3050 – UOB

The rise of GBP / USD shows solid resistance at the 1.3050 level, as suggested by the currency strategists of

Germany hits new record for daily infections, bad news from Remdesivir and Johnson & Johnson

The latest coronavirus updates from Germany’s Robert Koch Institute (RKI) suggest that the European powerhouse is in deep trouble when

EUR / USD with risks of a potential decline towards 1.1650 – UOB

According to the currency strategists of UOB Group, el EUR/USD I could go back further and retest the area 1.1650

GBP / USD capped at 1.2937, pulls back to test 1.2900 area

GBP / USD fails to bounce above 1.2937 and falls to the 1.2900 zone The pound sinks as hopes for

NASDAQ) down nearly 20%

The S&P 500 opened sharply lower, but eliminated most of the daily losses. Shares of Vertex Pharmaceuticals Inc (VRTX: NASDAQ)

USD / JPY rises further and extends the recovery to the 105.50 area

The USD / JPY rally from Wednesday’s lows of 105.00, extends to 105.50 so far. The dollar is appreciating on

UK: EU no longer committed to working hard to reach an agreement

UK’s top Brexit negotiator David Frost, said on Thursday that it is surprised that the European Union is no longer

Fed: Spending could recover faster than employment

The unemployment rate in the US remains very high and could reach 11% if you include people who left the

EUR / USD stabilizes near 1.1700, appears to post the lowest daily close in two weeks

The EUR / USD fell below 1.1700 during the American session. Risk aversion helped the USD pick up steam on

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