Forex news for Asia trading Tuesday 28 July 2020 Demand for the precious metals continued in Asia today with gold touching $1980 and silver $26. The FOMC meeting is today (and Wednesday) and an even more dovish Fed is expected. Investors are not seeming to be meekly awaiting the outcome[…]
Read More »The price rose strongly yesterday before making a volatile bullish climax, very similar to what was also seen with silver and gold in USD terms. BTC/USD: Bullish move has probably peaked for now Yesterday’s signals produced an excellent, profitable long trade from the bullish doji candlestick which rejected the support[…]
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Here is what you need to know on Tuesday, July 28: The US dollar witnessed fresh signs of life on Tuesday, as it staged a solid comeback across its main competitors. The greenback retraced some of its previous declines, helped by the souring sentiment on the Asian equities. Also, expectations[…]
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Markets Investors yesterday initially didn’t know which card to play. Asian markets traded mixed. European markets opened in negative territory. The UK ordering tourists returning from Spain to go in quarantine was a high profile warning that the reopening of the European economy was at risk of being slowed by[…]
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Read More »U.S. one-hundred dollar banknotes are arranged for a photograph in Hong Kong on April 15, 2019. Paul Yeung | Bloomberg | Getty Images The dollar nursed losses on Tuesday, after slumping to a two-year low, as investors worry about the damage from the coronavirus to the U.S. economy and await[…]
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Forex news for North American trading on July 27, 2020 Today, there was a lot of focus on markets like silver and gold, Bitcoin and the continuation of dollar selling. Silver for the 3rd time in a week as risen by over 7%. The price is currently trading at $24.41, up $1.67 or[…]
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