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EUR/USD looks north after biggest single-day gain since March

EUR/USD eyes stronger gains, having confirmed a bullish breakout above 1.20 on Tuesday. The dollar loses ground on hopes for a swift global economic recovery on the back of potential coronavirus vaccines. Renewed optimism over the US fiscal stimulus adds to bearish pressures around the dollar.

EUR/USD News

GBP/USD off three-month tops, holds above 1.34 amid Brexit optimism

GBP/USD looks to extend its bullish consolidative mode above 1.3400 into European trading, having hit three-month highs at 1.3440 amid renewed Brexit optimism and broad US dollar weakness. Brexit deal, UK vaccine rollout likely this weekend.

GBP/USD News

Gold eases below $1815 after Tuesday's 2% rebound

Gold turned south in Wednesday’s Asian trading, having failed to find acceptance above the $1815 barrier. The XAU bulls take a breather, as markets pause after the overnight risk rally, offering some temporary reprieve to the US dollar.

Gold news

ADP Nonfarm Preview: Even a minimal beat could trigger a greenback comeback

Economists seem to have gotten used to disappointing figures from ADP's jobs report and now expect a modest increase. The calendar is pointing to an increase of 420,000 private sector positions in November.

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