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US Market Open – EURUSD holds on 1.0800 level, after French election, while risk on takes USDJPY to key level at 110.00. Cable on the other hand, has a new pivot point at 1.2800 level. Key event for these 3 Major currencies will be: ECB Meeting,  Trump Tax Plan, and Japan’s BoJ meets.


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EUR/USD settles above 1.1000 ahead of the Fed’s decision

EUR/USD trades in the 1.1010 region, down for the day and after pricing 1.0997. The dollar strengthened on upbeat Consumer Confidence, and despite a better market mood. All eyes now on the Federal Reserve.


USD/JPY bulls step in on optimism surrounding coronavirus

As far as the coronavirus goes, the latest reports are that the number of known cases of the new virus rose by nearly 60% overnight.


GBP/USD below 1.3000 ahead of BOE

The dollar continues to advance against all of its major rivals, getting an additional boost from upbeat CB Consumer Confidence. GBP/USD trading around 1.2980. BOE to have a monetary policy meeting this Thursday.


Gold drops further near $1565 amid risk appetite

Gold prices continued to move lower during the American session and reached a fresh daily low at $1566/oz.

Gold News

WTI bounces on OPEC output cuts story

Economics, supply factors and even the tensions in the middle east have been cast aside. The markets are taking the threat of a spread in the coronavirus as very real and imminent and that is weighing on global growth prospects and demand for the price of oil.

Oil News