The US dollar index (DXY) turned lower today as investors remain wary of the surging coronavirus cases in the United...
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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Dow Jones is bouncing back today as investors react to an underwhelming Trump rally and bullish calls from key analysts. The index is up by more than 200 points in the futures market. Similarly, the S&P 500 and Nasdaq index have jumped by more than 0.70%. The performance of the US indices is different from what is happening in Europe, where the DAX index has fallen by 0.62% while the FTSE 100 has fallen by 0.25%.
Silver price is up by more than 1.10% today as investors react to a bullish call by Goldman Sachs on Friday. The metal is trading at $17.92 while gold price is trading at $1,762, which is close to its highest level since 2012.
The EUR to GBP (EURGBP) pair declined slightly as investors started to worry about coronavirus cases in Europe. The pair...
The DAX index is down by more than 0.70% as concerns about a second wave outbreak in Germany increases. Investors are also focusing on Wirecard, the troubled payment company. Its shares dropped by more than 45% today. The DAX is trading at €12,262 while Wirecard share price has fallen to €14.30.
The pound to rand (GBPZAR) pair rose by 0.35% in the morning session as investors reflected on the worsening environment...
Crude oil price wavered today as concerns about demand outweighed signs of tighter supplies from key producers. Brent crude fell by 0.25% while West Texas Intermediate (WTI) declined by about 0.45%. The two benchmarks rose by 9% last week.
The Nikkei 225 index is little moved today as investors digest the latest coronavirus-related news from China. They are also...
This week, the focus in the trading community was on key economic numbers, second wave of the coronavirus, and central...
Bitcoin price has struggled since the halving event that took place a month ago. The price has struggled to move...
Barclays share price is trading near the lowest level since the past financial crisis. At the current price of 119p,...
The USDZAR pair is down slightly today as investors reflect on the recent downfall of the South African rand. The pair is trading at 17.3900, which is slightly below the day’s high of 17.4670.