Euro Price Outlook – EUR/USD Remains Weak as Covid Spread Continues to Hit Europe
The single currency remains under pressure as covid-19 cases continue to grow in the block, prompting further lockdowns.
IBEX 35 Dragged Down by BBVA and IAG, Turkish Lira Volatility Peaks
Erdogan’s latest round of political meddling has caused BBVA shares to plummet given the bank’s exposure to Garanti
Bitcoin (BTC/USD) Looking at a Breakout, Ethereum (ETH/USD) Continues its Short-Term Struggle
Bitcoin is setting up a bullish pennant formation on the daily chart, a pattern that would suggest a fresh all-time high may be on the cards
FTSE 100 Coiling for a Breakout, EU-UK Vaccine Trade War Begins
FTSE 100 gets off to a soft start as the Turkish Lira slumps, while Germany looks to extend lockdown measures.
British Pound Forecast: Covid-19 Suppression Buoying GBP/USD, GBP/JPY
The rapid distribution of coronavirus vaccines, falling infection rates, and a cautiously optimistic Bank of England may pave the way for the British Pound to extend gains against its major…
Gold, Crude Oil Prices Weighed by Rising US Dollar While Yields Fall
Gold prices declined modestly as the US Dollar strengthened. Crude oil prices are weighed by a weakened demand outlook as Europe faces a third viral wave.
US Dollar Outlook: Soft Core PCE a Risk. USD/THB, USD/PHP Eyeing Central Banks
The US Dollar could gain versus Emerging Market currencies as Treasury yields rise. A soft core PCE report may cool gains however. USD/THB and USD/PHP are eyeing central bank rate…
S&P 500, Hang Seng, ASX 200 Outlook: Market Remains Vigilant as 10-Year Yield Crosses 1.7%
Asia-Pacific equities are in a cautious mode after the Turkish Lira plunged 16%. Rising longer-term Treasury yields may continue to weigh on sentiment.
Turkish Lira Drops on Surprise Central Bank Governor Removal
The Turkish Lira lost a significant amount of ground against the US Dollar on the back of President Erdogan’s surprise decision to replace central bank governor Naci Agbal.
Turkish Lira Drops on Surprise Central Bank Governor Removal
The Turkish Lira lost a significant amount of ground against the US Dollar on the back of President Erdogan’s surprise decision to replace central bank governor Naci Agbal.