EURCAD was 0.1% lower on the day after disappointing Eurozone growth numbers. The data comes hot on the heels of...
PositionMarket Analyst (Writer)
JoinedAug 21, 2020, 10:11 BST
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Kevin George has over twelve years' experience in financial markets trading, which included stints in London and New York, trading equities and currencies. He has also traded in commodities, equities, futures and options. He has extensive technical-experience and combines this with a fundamental overview.
He has published for SeekingAlpha, where he runs his own subscriber newsletter and graduated with an MSc in finance in 2017.
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The FTSE 100 was 1% lower on the day as the U.K. comes under pressure to enforce further lockdown measures. Upbeat earnings saw the index break a three-day selling streak yesterday but this morning sees the FTSE on the backfoot.
The afternoon session in Europe sees a blockbuster round of data coming out with two key releases and a host of smaller, but important, data. All of this is happening amidst market turmoil over rising virus cases and lockdowns.
Dow Jones futures saw a rally overnight into the early European session but the index has given up those gains...
The US Dollar index faces an important day as the European Central Bank announces their latest rates and policy decision while the U.S. economy releases third quarter GDP.
EURGBP is trading 0.23% lower in the morning session but the European Central Bank meeting later could light the fuse for the pair. The pound is stronger as Europe moves to strict virus lockdowns.
The EURJPY was slightly higher after the Bank of Japan held interest rates as expected but cut their price forecasts...