The pound to rand pair was little changed today as investors battled about divergent news from the UK and South...
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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The EURUSD pair dropped by a few basis points as the market reacted to a series of weak economic data...
The GBPUSD pair declined by 30 basis points on overall strength of the US dollar. In contrast, the US dollar...
Bitcoin price stalled today after a significant 10% rally yesterday. There was no major news behind the rally but we...
The DAX index rose by more than 3 per cent as the overall sentiment in the market improved. This sentiment started in the United States, where researchers at the University of Chicago found some success in treating coronavirus. They used a drug manufactured by Gilead Sciences, an American firm.
Gold price headed lower as volatility dropped in overnight trading. This happened after it emerged that a drug manufactured by...
The AUDUSD rose earlier today after China released the quarterly economic numbers. The numbers showed that the country’s economy slumped...
The Dow Jones index wobbled in early trading as investors continued to react to corporate earnings. Quarterly results by Blackrock...
Silver price wobbled today as investors continued to focus on the state of the global economy. Its price dropped by about 25 basis points while that of gold rose by more than 50 basis points.
The divergence between gold and silver is partly because the latter is also an industrial metal. Most of the silver that is mined is usually used in the manufacturing industries. This is not the case with gold, which is mostly an investment asset. Industrial production in the United States dropped to the lowest level in decades. This means that demand for raw materials like silver declined also.
The EUR to GBP (EURGBP) pair struggled to find direction as investors received divergent signals from the European Union and...
The FTSE 100 struggled for direction as investors reacted to news that the government was planning to extend the lockdown...
The Nikkei 225 index declined by more than 100 basis points as reality of the coronavirus pandemic started to set...