Forex

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bullish contrarian trading bias.

Risk appetite soars as Pfizer announces initial COVID vaccine results.

Heading into the election, rising uncertainty prompted investors to seek safety in USD and JPY

The FTSE 100 is pushing back above 6,000 for the first time in nearly one-month as global equity markets remain firmly bid.

The British Pound may slide lower in the coming days on the lack of progress in Brexit negotiations ahead of the proposed deadline on November 15.

WTI crude oil prices traded higher Monday amid favorable risk sentiment on a Biden-win election outcome and a weaker US Dollar. The outlook for demand remained a major drag to…

The US Dollar tumbled against ASEAN currencies as Joe Biden accumulated votes against Donald Trump . Emerging market assets soared, sinking USD/SGD, USD/PHP, USD/IDR and USD/PHP.

The Australian Dollar may continue to push higher on loosening coronavirus restrictions and the prospect of easing geopolitical tensions under a Biden administration.

Asia Pacific stocks may gain on Biden’s victory, with post-election stimulus and foreign policy in focus. Nikkei 225 reaches its highest level since 1991. Risk-linked AUD, NZD and CNH strengthened.

The US Dollar has turned lower as the outcome of the US presidential election solidified but the benchmark currency may rebound as the dust settles.