Join ACY Securities Chief Market Analyst, Alistair Schultz, as he runs through the news and analysis you need to know for the Asian market open.

 

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Editors’ Picks

EUR/USD holds high ground around 1.19 amid buoyant mood

EUR/USD is holding onto gains around 1.19 as markets cheer the US transition and upcoming vaccines. A busy data day awaits traders ahead of the Thanksgiving holiday. 

EUR/USD News

Gold: Nears the 200-day SMA support

Gold is trading quite close to the widely-followed 200-day Simple Moving Average (SMA) of $1,797. The safe-haven metal is about to test the long-term SMA for the first time since March. A break below that support cannot be ruled out.

Gold news

GBP/USD trades around 1.3350 ahead of Sunak's speech

GBP/USD is trading around 1.3350, consolidating its gains. UK Chancellor Sunak is set to lay out budget plans. Brexit and vaccine news also move the pound ahead of a busy data day.

GBP/USD News

WTI rally continues despite large US inventory build

Oil has climbed to fresh multi-month highs, extending Tuesday's price gains as optimism emanating from potential coronavirus vaccines overshadows inventory build-up in the US. The API reports a large buildup of inventories in the weeke ended Nov. 20.

Oil News

Black Friday 2020 Discounts!

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