Markets

Bearish pressure eases above 124.00

EUR / JPY bounces from lows and tests the 123.50 area. The 100-day moving average around 124.00 emerges as the

AUD / USD remains firm above 0.7300 and targets November 2020 highs

AUD / USD starts the week on a positive note. The DXY falls to the lows since September and tests

Ignore RSI and hit a two-year high

The NZD / USD reaches the highest level since December 2018. The RSI on the daily chart indicates overbought conditions,

USD / JPY: A dip to 103.18 seems unlikely in the short term

USD / JPY still risks falling further, but a move to the 103.18 level looks unlikely on the short-term horizon.,

UK preliminary services PMI falls to 45.8 in November, manufacturing indicator improves to 55.2; GBP / USD remains at highs

The index Preliminary UK services PMI has fallen into contraction territory in November, standing at 45.8 from October 51.4. The

Haldane says that even with the vaccine, the crisis will leave some lasting scars

The UK economy has probably recovered around two thirds of the pandemic lossesAndy Haldane, chief economist at the Bank of

EUR / GBP falls to two-week lows below the 0.8900 level

EUR / GBP is witnessing strong selling for the second day in a row on Monday. The British pound receives

Bulls challenge two-month ascending channel resistance

GBP / USD gains strong positive traction on Monday and rises above the 1.3350 region. Intraday momentum pauses briefly near

EUR / USD extends consolidation below 1.1900 level after PMI data

EUR / USD regains lost ground on Friday and returns to the 1.1870 region. Positive news about a coronavirus vaccine

US dollar DXY index resumes decline and visits 92.20 region

The DXY index flirts with the 8-month support line near 92.20. The risk appetite sentiment prevails at the beginning of

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