Markets

Silver slides further amid hopes for vaccines and strong US data.

Silver prices have seen a further slide on Tuesday as markets continue to abandon safe havens in favor of risk.

NZD / USD retreats from more than two-year highs above 0.7000, for now holding above 0.6950

Earlier on Tuesday, the NZD / USD briefly rose above 0.7000 for the first time since mid-2018, with sentiment fueled

XAU / USD at four-month lows, testing $ 1,800 level

Gold finds support, for now, at $ 1,800. The US dollar remains under pressure amid appetite for risk. The XAU

The ECB should be open to a really symmetric inflation target

The Central Bank Europeor should it be open to targeting its own inflation “below but close to 2%” genuinely symmetrical,

GBP / USD falls back into negative territory but remains above 1.3300

GBP / USD has fallen back sharply from the European session highs around 1.3380 but has managed to stay above

Consumer confidence falls more than expected in November

The consumer confidence index prepared by The Conference Board registered a greater-than-expected drop down from 100.9 (revised from 101.4) a

USD / JPY Makes New Weekly Highs at 104.75

Yen remains weak as stocks rise. Dollar supported by economic data and rise in yields. The USD / JPY extended

S&P 500 Index opens sharply higher above 3,600 driven by energy stocks

The major Wall Street indices opened in positive territory on Tuesday. Energy stocks post impressive gains on rising crude prices.

WTI rises to 8-month highs near $ 44.00

WTI prices extend the rally to around $ 44.00. Prospects for higher demand remain optimistic. Below is API’s weekly report

EUR / USD erases most of intraday gains, around 1.1850

The USD’s renewed sell bias helped EUR / USD regain positive traction on Tuesday. The rally lost stability at 1.1900.

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