Coronavirus

GBPCAD Spikes As Bank of England (BoE) Delivers Hawkish Vote

The GBPCAD is pushing higher, as are most other GBP pairs on the back of a surprise hawkish vote by…

Jan 30, 2020, 12:37 GMT

Dow Jones Futures Sharply Lower On Coronavirus Concerns

Dow Jones managed to close on positive territory yesterday as investors trying to shift their attention from coronavirus outbreak to…

Jan 30, 2020, 12:07 GMT

US GDP Preview: How Does this Affect the EURUSD?

The US GDP (advanced) report will be released in about an hour from now. The expected reading is 2.1%, which…

Jan 30, 2020, 11:59 GMT

DAX Index Forms Doji at Trend Line Support After A Drop German Unemployment

Like most equities markets, the DAX Index has been weighed down by concerns of the coronavirus. However, today’s employment data…

Jan 30, 2020, 09:20 GMT

Market Brief: Nikkei 225 in the Red as WHO Calls for an Emergency Meeting on the Coronavirus

Asian Equities Down as Fears of the Coronavirus Mount The Nikkei 225 gave up all its gains from yesterday’s trading…

Jan 30, 2020, 08:00 GMT
  • Forex

EURUSD Technicals Hint At A Bullish Rally Following the FOMC Statement

EURUSD has lost around 180 pips in a span of 9 trading days. Most of the sell-off has been driven…

Jan 30, 2020, 07:00 GMT

FOMC Keeps Rates Steady; USDJPY Unmoved on Powell’s Speech

The FOMC has decided to keep rates unchanged in a move that did not surprise the markets. However, attention has…

Jan 29, 2020, 20:34 GMT

Starbucks Share Price Slumps on Coronavirus Despite Upbeat Earnings

Starbucks share price took a significant blow on Wednesday as the company admitted that the coronavirus had affected its Chinese…

Jan 29, 2020, 16:31 GMT

Ripple Price: Would It Benefit from Dubai’s Proposed Crypto Tax Haven?

Ripple price action is taking a breather today along with the rest of the cryptocurrency market. This followed a pause…

Jan 29, 2020, 14:54 GMT

Silver Prices Crash As Risky Assets Shake Off Coronavirus Bug

Silver prices (XAGUSD) tanked on Wednesday on the back of increased bids on risky assets, as markets start to shake…

Jan 29, 2020, 13:40 GMT

GBP to INR Extends 4-day Losing Streak on India’s Budget, Oil Rebound

The GBP to INR pair is trading a tad lower amid a slight easing in the Coronavirus fears as well…

Jan 29, 2020, 12:33 GMT

Crude Oil Price Rebounds From Three Month Lows

Crude oil price trades higher today supported by the OPEC+ comments that they might deepen the output cuts to support…

Jan 29, 2020, 11:04 GMT