USDCAD continues the rebound from the seven-month lows for second straight day as the greenback gets a hand from better than expected employment data from the USA.
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles832
Nikolas Papas is a technical analyst of forex, stock market indices and commodities. His skills include technical analysis, forex, stocks, crypto and financial writing.
GBPUSD slumps to daily lows after better than expected employment date from the USA. The United States Nonfarm Payrolls (NFP) came in at 1763K in July, beating the expectations of 1600K
USDTRY retreat now, having hit earlier today a new record high up to 7.3558. After two months of consolidation below the 7.00 mark, this week the Turkish lira tumbled the fresh all-time lows
Ripple price outperforms its peers today, adding 1.75% at 0.3082. After the recent rally, XRPUSD consolidates above the 0.30 mark
EURGBP slides for the second straight day but faces strong support that provides the 50-day moving average and the 0.90 mark. Yesterday the pair breached that support after the Bank of England kept the interest rates unchanged
FTSE 100 opens the last trading session of the week lower after the trade tensions rise between USA and China.
Nikkei 225 and Asian stocks trading lower on Friday followed a new chapter in trade tensions between China and the USA. President Trump banned the transactions of U.S. companies with ByteDance
USDCAD rebounds today from seven-month lows as the selling pressure on USD eased after better than expected initial jobless claims data.
GBPZAR jumps to three-month highs after the BoE sends a bullish sign for British pound traders. Positive sentiment builds around pound after the BoE statement.
Premarket: S&P 500 Futures Point To Cautious Start – Initial Jobless Claims Better Than Expectations
S&P 500 futures seesaw as the negotiations for a new stimulus package in Washington between Republicans and Democrats continue. Better than expected jobless claims would support the index in early trading
GBP to INR hits five years high after the Central Bank of England and the Reserve Bank of India (RBI) kept the interest rates unchanged.
The Bank of England (BoE) kept rates unchanged at record low levels of 0.1% and left the asset purchases programme unchanged. Andrew Haldane voted against an increase of purchase UK government bonds by an additional 100 billion.











