Nikolas Papas, Author at InvestingCube

USDSEK At Two-Week Lows As Risk Appetite Returns

·Jul 02, 2020, 12:00 BST

USDSEK retreat for third consecutive trading session amid rising risk appetite in hopes of a coronavirus vaccine. The better economic data from the USA didn’t help the USD but rather shift investors

Tesco Share Price Fails To Capitalize Better Online Sales

·Jul 02, 2020, 10:23 BST

Tesco share trades higher today amid improved investors sentiment and a sharp rise in online shopping during the coronavirus crisis...

DAX Index Opens Higher On COVID-19 Vaccine Hopes

Indices

·Jul 02, 2020, 09:36 BST

Dax index adds over one per cent on hopes of a coronavirus vaccine. Investors cheered the news of promising results in early-stage human trials from a coronavirus vaccine from Pfizer and BioNTech.

Market Brief: Nifty 50 At Four-Month Highs. Asian Markets Higher On COVID-19 Vaccine News

Indices Market Brief

·Jul 02, 2020, 08:18 BST

Asian markets are trading higher on hopes for a fast recovery and on the news for a coronavirus vaccine from Pfizer and BioNTech, which provided promising results in early-stage human trials.

GBPUSD Regains Positive Momentum Above 50-Day SMA

Forex

·Jul 01, 2020, 15:40 BST

GBPUSD continues today the rebound from the monthly lows as the risk appetite returns to markets. On the data front,...

Premarket: S&P 500 Futures Off Daily Lows After ADP Report

Indices

·Jul 01, 2020, 14:08 BST

S&P 500 futures trading lower ahead of the cash market opening after the Private payrolls rose by 2.369 million in...

Ripple Price Higher, Use Of Cryptocurrencies Rise in UK According to FCA

Cryptocurrencies

·Jul 01, 2020, 13:10 BST

Ripple price trades slightly higher but the rebound looks fragile as the bears are in full control. Since June 18 when XRPUSD breached the 100-day moving average the number four cryptocurrency failed to make any significant bounce

Gold Price At Fresh Eight Year Highs Targeting Now the 1,800 Mark

Commodities

·Jul 01, 2020, 11:25 BST

Gold price trades higher for one more day making fresh eight-year highs as the demand for safe-haven assets rise amid...

EURGBP Unchanged After the UK and European Manufacturing PMI’s

Forex

·Jul 01, 2020, 10:16 BST

EURGBP trades to unchanged level as investors digest a set of economic data from Europe and the UK. German PMI and retail sales data beat the forecasts but as of writing failed to boost the common currency.