Markets

Initial unemployment benefit requests fall less than expected, hitting lows since March

The U.S. Department of Labor reported that initial claims for unemployment benefits They were 751,000 in the week ended October

EUR / GBP rises strongly for the second day and returns to 0.9050, after finding support at 0.9000

Bank of England increases QE and British government extends aid to companies for wages. Euro gains momentum with the EUR

Challenger job cuts decline to a 7-month low of 80,666 in October

Challenger job cuts in the US declined sharply in October. The US Dollar DXY Index continues to decline below 93.00.

NZD / USD extends gains, trades 0.6750 due to widespread USD weakness

The NZD / USD rose to a new daily high of 0.6750. The US Dollar Index remains depressed below 93.00

EUR / USD accelerates to the rise before the collapse of the dollar and exceeds 1.1840

The dollar accelerates the decline on all fronts. Elections: Biden very close to securing 270 voters. EUR / USD targets

Global Markets Surge, Tech Shares Rally, As Biden Reaches Brink of Victory

As Joe Biden has reached the brink of victory and the prospects of the election winner have become clearer, stock markets around the world have seen positive gains.

UK to announce extension of employment support program until March

UK Finance Minister Rishi Sunak is expected to announce the extension of the employment support plan (furlough) until March, Reuters

More falls would target the 92.50 area

DXY loses support at 93.00 amid renewed strong selling pressure on the dollar. The October low at the 92.50 area

Next target appears at 1.1880

EUR / USD continues to push higher and breaks the 1.1800 zone. The continuation of the movement could lead to

Trump forges ahead in Georgia 49.6% to 49.2% with 96% of votes counted

With 96% of the votes counted in the state of Georgia, President Donald Trump has 49.6% of votes (2,431,724) and

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