American and European futures are tumbling today as the number of Covid-19 cases continue rising around the world. In the US, futures tied to the Dow Jones, S&P 500, and Nasdaq 100 are down by 0.70%, 0.68%, and 0.50%, respectively. Rising Covid-19 cases In Europe, DAX index, FTSE 100, and […]
The GBP to USD (GBPUSD) price is under intense pressure today as traders react to the grim situation in the UK and Europe. It is trading at 1.3026, which is substantially lower than last week’s high of 1.3177. The number of Covid-19 cases in the UK has been rising. The […]
The euro to dollar (EURUSD) price is down by 0.20% as the market reacts to the rising number of Covid-19 cases in Europe and the fading hopes of a stimulus deal in the US. It is trading at 1.1835, which is lower than last week’s high of 1.1865. The biggest...
Tesco share price is higher today as the company launched a discounted Christmas shopping package for all its customers. As the Christmas shopping season approaches, Tesco has announced that it will slash the prices of essential items to help as many shoppers as possible go through a potentially severe spell […]
With no stimulus deal in sight, the S&P 500 index rises slightly on Remdesivir approval.
The Russian Central Bank kept the interest rates unchanged at 4.25% in the decision announced earlier today. Consequently, the USDRUB continued its slide, which has extended into the 6th consecutive day. The USDRUB pair has been in a downward corrective mode, boosted by slight strength in crude oil prices as […]
Ripple price drops after CEO of Ripple rips PayPal's crypto foray.
EURJPY got a boost today after weak Japanese inflation figures combined with stronger PMI data from Germany and the Eurozone. The pair is still trading under the 50-day moving average and the bears are in control for now. Japan’s core inflation rate was expected to show a drop of -0.4%...
The price of gold fell yesterday after a test of resistance and the precious metal is at risk of a sell-off.
Gold has been consolidating since a September...
GBPAUD was lower for a second day after mixed data from the U.K. economy. The pound was supported by stronger than expected retail sales, but PMI data later in the morning was softer, which suggests a weaker Q4 GDP. Retail sales have risen for a fifth-straight month in the U.K. […]