The sterling pound today surged to 12-week highs against the dollar boosted by news of AstraZeneca’s COVID-19 vaccine given that its a British/Swedish company. The GBP/USD currency pair later trimmed its gains…
The euro today rallied higher against the US dollar in the first half of today’s session boosted by investor optimism about a potential coronavirus vaccine.…
The US dollar is extending its weakness to start the trading week, driven mostly by optimism in the broader financial market amid the latest coronavirus vaccine from Oxford-AstraZeneca. This comes soon after…
The Australian versus the US dollar currency pair seems to be under bullish dominance. Are the bears going to do something? Long-term perspective After validating the 0.6386 level as support, the price continued…
There are some opportunities for novice traders to be successful in the investment profession. But they must follow and keep to the rules and tips…
The Russian ruble is trading relatively flat against several currency peers to close out the trading week. The ruble has witnessed a resurgence this week as foreign exchange traders poured into…
The Canadian dollar today rallied against its US peer boosted by the global crude oil prices kept rising and were on track to close higher for the week. The USD/CAD currency pair fell for the third…
The British pound today surged higher against the US dollar boosted by the upbeat UK retail sales data, which beat analysts expectations by a wide margin. The GBP/USD currency pair’s rally was…
The US dollar versus the Japanese yen currency pair seems to be under a lot of bearish pressure. Do the bears hold any chance until 103.15? Long-term perspective From the high of 109.85,…
Is the US dollar in store for a rally in the coming days amid a potential selloff in the broader financial markets? With news that several of the US central bank’s emergency lending programs will be…