The dollar headed lower in early European trade Monday
Tag - jpy - japanese yen
European stock markets are seen opening mixed Monday, with investors adopting a cautiously optimistic stance after Brexit negotiations were extended past the Sunday deadline.
UK PM Johnson: It is looking very, very likely we will have a no-deal Brexit
The BOJ is likely to extend corporate funding aid schemes. Jump in to get the fresh analysis!
ECB Lagarde: The economy seen shrinking in Q4, with the services severely curbed
Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting
In a nutshell: no Brexit deal reached so far, the GBP is fluctuating.
The mid-term perspective suggests there is a high likelihood of a slide downwards with EUR/JPY. Why? See the article.
Asia-Pac bourses traded positively as the region took impetus from the record highs on Wall St. Asian shares rose to a record high and U.S. stock futures
EUR/USD, GBP/USD, AUD/USD, and XAU/USD have reached interesting technical levels. Traders are hoping that the US authorizes the Pfizer vaccine this week. They also want to know how the dinner between the UK Prime Minister Boris Johnson and European Commission Ursula von der Leyen goes and how it will influence Brexit.
US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down.