This is what you need to know to operate the Monday, November 2: The safe-haven dollar is on the rise, gold is flat, while stocks and oil are on the defensive. The COVID-19 numbers continue to rise, triggering a lockdown in the UK. One day before the US elections, tensions remain high and weigh on […]
Tag: Coronavirus
Dutch Government Rejects Bailout Package To KLM As Unions Refuse Pay-Cut Plans
As the airline industry continues to suffer, the oldest travel company KLM reached out for government support which was rejected as unions refused to agree to pay cut plans.
The Mossos d’Esquadra did not foresee the high degree of violence in the protests over the restrictions in Barcelona
After the incidents recorded last night in Barcelona, ​​those responsible for the Mossos Esquadra recognize that they will have to review their devices in the event of future protests against the measures that the government and the Generalitat have decreed to stop the growth of coronavirus infections. The Catalan police detained at least 14 people […]
What are the new restrictions against the coronavirus in Catalonia?
The Catalan Government has approved new measures to stop the transmission of the coronavirus, which is growing at a rate of about 5,000 cases diagnosed daily in the community. After its publication in the Official Gazette of the Generalitat, the following restrictions will last 15 days from this Friday, October 30. Perimeter closure of […]
Reverse in an eviction practiced on the brink of curfew in Barcelona
Thursday’s rage has turned into euphoria this Friday in Ciutat Meridiana, one of the neighborhoods hardest hit by evictions and poverty in Barcelona. The jubilation erupted when Ruth retrieved the hand keys of an operator sent by BBVA, the day after being evicted with her three young children, two hours after the curfew by the […]
USD / CAD looking for a firm direction, sideways above 1.3100
USD / CAD quickly reversed an initial decline in the American session to the 1.3280 region. Weaker crude oil prices undercut the loonie and attracted some buying. Political uncertainty in the United States weighed on the USD and could limit the rise. The pair USD / CAD it updated daily lows, around the 1.3280 region […]
USD / JPY jumps back above 104.50, lacks tracking
USD / JPY continued to attract some buying on the dips before the 104.00 level. A modest rebound in equity markets undercut the Japanese yen – safe haven. A sudden spike in US bond yields continued to support the rally. The pair USD/JPY it recovered more than 50 pips from intraday lows and updated daily […]
GBP / USD declines from highs, remains well offered above 1.2950
GBP / USD made a nice intraday bounce from levels below 1.2900 amid a weaker USD. The prevailing risk aversion and nervousness over the coronavirus helped limit the dollar’s slide. Brexit uncertainties and UK lockout fears should limit the rise in the main. The pair GBP/USD It built on its good intraday positive move and […]
Worsening situation due to coronavirus cases will hit economic recovery – Visco
The worsening of the coronavirus situation could affect the economic recovery in Italy and the rest of Europethe member of the Governing Council of the European Central Bank (ECB), Ignazio Visco, warned on Friday, Reuters reported. “The deflation risk in the euro area it is lower than six months ago, but it should not be […]
AUD / USD is closing in on daily highs again, just below 0.7050
AUD / USD manages to find decent support above the 0.7000 level amid a weaker USD. A modest rebound in equity markets further benefits the perceived riskier AUD. With the RBA’s pessimistic expectations, nervousness over the coronavirus could limit any significant rise in the pair. The pair AUD/USD has rebounded to around 30-35 from daily […]
