Markets

GBP / USD targets 1.3400 as bulls celebrate dollar weakness, focus is on PMIs and Brexit

GBP / USD welcomes December with slight gains, after achieving its highest gain in four months in November. Concerns about

Recovers above 100 hourly SMA, Monday low is key support

EUR / USD is moving above the 100 hourly SMA during the Asian session. The bulls failed to secure a

The ECB should extend QE purchases to offset the strength of the euro

EUR / USD has gained nearly 2% this quarter despite the resurgence of the coronavirus in the eurozone. The resistance

Monday’s dragonfly doji keeps XAG / USD bulls hopeful above $ 22.00

Silver remains slightly higher above the $ 22.50 level. The near oversold RSI conditions can help silver make recovery moves.

Aim higher after a bullish outside day

USD / JPY drew a bullish outside candle on the daily chart on Monday. The pair could soon challenge the

Rises above 1.3350 after Monday’s inverted hammer

GBP / USD rises above 1.3350 as it justifies the formation of a bullish pattern the day before. The MACD

EUR / USD rises above 1.1950 as risk assets gain ground

EUR / USD rises above 1.1950 during the Asian session. Optimism over the coronavirus vaccine and buoyant stock markets weigh

Caixin’s manufacturing PMI reaches 54.9 points and exceeds the expected 53.5, a 10-year high

It was expected that the Caixin Manufacturing PMI of China It will reach 53.5 points, close to the 53.6 points

AUD / USD continues to target the 0.7400 level after the RBA

AUD / USD pays little attention to the RBA’s monetary policy decision. The RBA keeps the benchmark interest rate and

RBA will keep the size of the bond purchase program under review

Below are the Key comments from the RBA’s monetary policy statement December, according to Reuters reports, presented by Governor Phillip

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