On Thursday, Asian shares were mixed due to choppy trade on Wall Street, which was partly due to a disappointing jobs report in the US. Meanwhile, increasing optimism over the COVID-19 vaccine…
Category: Forex Trade
Stocks Rest after Progress in COVID-19 Vaccine
On Wednesday, world stocks were just shy of record highs on hopes of a COVID-19 vaccine and additional US fiscal stimulus, even though the dollar was stuck at a two and a…
Euro Reaches Three Month High as Dollar Takes a Hit
The euro clocked a three-month high against the US dollar, as riskier currencies got a boost because of strengthening recovery in China and elsewhere and expectations of additional monetary stimulus from the…
Investors Take Stock of Best Month Ever
On Monday, world shares paused for assessing a record-breaking month, as concerns about the coronavirus pandemic were eclipsed by additional stimulus from central banks and the prospect of economic recovery next year,…
European Stock Futures Edge Higher
On Friday, the European stock markets ended the week on a cautious note, due to concerns over the highly-anticipated COVID-19 vaccine, even though the tone did receive a boost from the strong…
World Shares Near All-Time Highs, US Markets Close for Thanksgiving
On Thursday, European shares were mixed and world shares were close to all-time highs, after a strong session in the Asian market in which worsening US data was outweighed by the market…
Stocks Hit Record High as Vaccines and Biden Transition Brighten Outlook
On Wednesday, global shares hit record highs after the Dow Jones reached 30,000, as investors were relieved at the possibility of a smooth transition of power after the presidential elections and confident…
Vaccine Hope and Biden Transition Drive Up Stocks, Bitcoin and Oil
On Tuesday, oil, stocks and risk currencies, which included Bitcoin, all saw gains as the formal go-ahead was given to President-elect Joe Biden to start his transition to the White House. There…
Vaccine News Keeps Dollar Down, Kiwi and Aussie Strengthen
On Monday, the riskier currencies saw a boost after progress towards a coronavirus rollout was made, but it kept the US dollar on its existing downward trend. On Monday, it was announced…
Turkish Lira Eyeing Second Week of Gains, EMEA Stocks Rise
On Friday, the Turkish Lira slowed down but was still on the path towards its second straight week of gains after the central bank vowed to take a tough stance on inflation…