The USD retreats as traders await the meeting of the Fed on Wednesday. Find out the levels to trade EUR/USD, GBP/USD, USD/JPY, and gold!
Tag - eur
Risk looking positive as we enter European session.
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
ECB President Lagarde offered EUR/USD a free pass to head higher.
The ECB confirmed they are not planning to change the course of the EUR: all aboard!
ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
The rout in tech stocks in the US over the last day has been a stiff test of nerve for European markets but one to which they appear to be equal, at least for now.