Very muted market reaction after NFP. However, given the margin of error some of the recent prints have seen (in relation to consensus estimates), this can be considered a rather "in-line" release.
Tag - gbp
The market has become more optimistic and the USD corrected down. But for how long? Watch the video to find out!
The US election is the hottest topic nowadays, which makes the market volatile. Trump-Biden debates deteriorated the market sentiment and pushed stocks down. Jump in for the fresh analysis of the EUR, the AUD, the GBP and gold!
EUR/USD has violated the first resistance trendline area 1.1680
European shares slipped on Tuesday as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington
Today the main focus of USD traders will be on the debates between the Democrats and the Republicans ahead of the presidential election. What does it mean for the USD?
So the pound went all-in bullish yesterday on Brexit hopes. While these hopes still have to manifest, the GBP will have to defend its positions now.
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.
Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.
USD/CHF gets higher, GBP/USD may try to test higher levels as well. AUD/USD found support. Watch the video to learn more about the major pairs!
Some trends will get broken this week - watch the video for essential tactical information in the fields of Forex!
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries