Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD strengths but for how long?
USD strengths but for how long?

Asian equity markets traded mixed with cautious gains in the major regional bourses after the tech-rebound on Wall St. and better than expected Chinese trade data

EUR/USD: steady above 1.2200
EUR/USD: steady above 1.2200

A risk on and weak dollar theme dominated markets on optimism regarding vaccines, US and UK fiscal stimulus, and Brexit, with hope an agreement on the latter can be reached soon.

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