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Editors’ Picks

EUR/USD bounces from near 1.1700, posts modest intraday advance

EUR/USD trades within familiar levels, holding above 1.17 as US bond yields rise amid the US fiscal impasse and ahead of US inflation figures. Coronavirus and growth-related headlines lead the way for financial markets.

EUR/USD News

GBP/USD resumes slide and nears 1.30 after UK Q2 GDP fell 20.4%

GBP/USD met sellers around 1.3050 and is back under pressure, after UK Q2 GDP fell by 20.4%, marginally above expectations. The devastating drop was priced in by markets and US inflation is now eyed.

GBP/USD News

Gold bounces above $1,900 after rapid collapse

Gold is trading above $1,900 recovering from the biggest rout in seven years. Profit-taking and higher US yields weigh on the precious metal. US inflation figures are eyed.

Gold News

Cryptos: Euphoria takes its toll, volatility ahead

The overbought level in the crypto market, reflected in extreme bullish sentiment levels, called for a pause in the uptrend and has come in recent hours. Ethereum, the undisputed leader of the bullish movement.

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WTI: Big move looks overdue

WTI could soon witness a big move in either direction. That’s because, the spread between Bollinger bands – volatility indicators placed 2 standard deviations above and below the 20-day simple moving average of price - has narrowed ...

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