The pandemic is a headache that simply won’t go away and as the numbers tick back up in many countries around the globe, there is a worry that’s been ticking right back up as well around the outlook for the global economy.

 

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EUR/USD extends losses after robust US retail sales

EUR/USD is trading closer to 1.1750, extending its losses after US Retail Sales came out at +0.7% against -0.8% in August. ECB President Christine Lagarde said the economy is still not out of the woods. 

EUR/USD News

GBP/USD slides under 1.38 on robust dollar demand

GBP/USD is trading under 1.38, significantly lower after US Retail Sales beat estimates by rising 0.8% in August. The UK government reshuffle passed smoothly for the pound.

GBP/USD News

XAU/USD nosedives to the lowest level since August 13

Gold continued losing ground through the early North American session and dived to the lowest level since August 13, further below the $1760 region post-US macro releases. 

Gold News

Dogecoin killer Shiba Inu ready for new bull run

Shiba Inu gets listed on Binance.US, SHIB price recovers from the loss posted over the past week. The Shiba-Inu-themed token is one of the top 10 most mentioned cryptos on Twitter alongside BTC, ETH, DOGE, ADA.

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AMC trades lower as CEO clarifies cryptocurrency payments

NYSE:AMC fell by 0.97% on Wednesday and lagged other meme stocks during the session. CEO Adam Aron clarifies which cryptos AMC will accept. High profile Hollywood directors are demanding longer theatrical windows.

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