The EUR to GBP (EURGBP) pair is at the highest level since March 27 as investors reacted to the positive developments in the eurozone. The pair is trading at 0.8993 and is relatively unchanged today.
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
Articles5,051
The Hang Seng index declined by more than 0.70% as investors waited for a statement from the United States. The index was also pulled down by Geely Automobile, the automobile group. The index is trading at $23,000, which is slightly below the week’s high of $23,500.
The ASX 200 index declined by more than 70 basis points as investors braced the new cold war between the...
The Nikkei 225 declined by about 78 points as investors braced for a new wave of bankruptcies in Japan. The index also reacted to weak results from Nissan and the rising trade risks from the region.
The EURUSD turned higher after the US released a series of mixed of weak economic data. The unemployment claims, Q1 GDP, and durable goods data disappointed.
The USDZAR pair rose slightly today as the South African rand rally hit a breather. The pair is trading at...
Italian stocks rose today as investors reacted to the stimulus package unveiled by the European Commission yesterday. The benchmark, FTSE MIB rose by more than 1.17%, becoming one of the best-performing indices in Europe. In comparison, the DAX index, FTSE 100, and CAC 40 rose by less than a percentage point.
FTSE 100 by more than 60 basis points as the market reacted to the perceived market conditions. Other bourses in...
Crude oil price edged up during the Asian session after a report about Chevron job cuts. The price of Brent rose from yesterday’s low of $33.58 to the current $34.23 while West Texas Intermediate (WTI) rose from $31.30 to $31.97.
The ASX 200 index rallied for the fifth straight day as investors remained optimistic about the recovery. The index, which exited a bear market yesterday, is trading at $5,865. It also ignored the growing risks between the United States and China.
Hong Kong shares declined as investors reacted to the developing conflict between the US and China. Virtually all shares in...
The EURUSD pair was little changed during the Asian session as investors reflected on the fundraising proposal by the European Commission. The pair will today react to the US jobless claims, GDP, and pending home sales data. It will also react to the European business and consumer confidence data.













