Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD moves lower after US equity indices advance
USD moves lower after US equity indices advance

Stocks surged, oil prices jumped and the US dollar lost strength on Monday as expectations of fewer regulatory reforms and more monetary stimulus under US President-elect Joe Biden supported risk appetite.

GBP Remains Under Pressure
GBP Remains Under Pressure

Asia equity markets take impetus from the tech-led rally in US as further results of the US election trickled in which shows Biden in the lead.

US dollar strength as Trump gains on key states
US dollar strength as Trump gains on key states

The odds of Trump re-taking the White House has risen quite substantially since yesterday. EUR/USD have dropped on this nearly a figure to from the 1.17's to 1.16's while now is trading in the middle of that range.

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