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Thursday, January 28, 2021

Ahead

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GBP/USD retreats ahead of a potential Brexit deal

The GBP/USD is tilting lower today even as the UK and the European Union make progress on Brexit. The two sides have made some concessions...

EUR/USD Elliot wave analysis ahead of ECB interest rate decision

The EUR/USD is holding steady ahead of the ECB interest rate decision. Analysts expect the bank to leave interest rates unchanged and pledge to do...

Dollar index rises ahead of blockbuster US Q3 GDP data

The US dollar index (DXY) is rising today as traders wait for the first estimate of US Q3 GDP. Analysts expect the data to show...

Canadian dollar falls ahead of BOC interest rate decision

The USD/CAD pair rose ahead of the Bank of Canada interest rate decision. Analysts expect the bank to leave interest rates and QE unchanged. It is...

Microsoft stock price gains ahead of Q1 earnings results

Microsoft will release Q1 earnings results on October 27th, after the market close Microsoft launched Azure Communication Services that will compete with Twilio and Amazon Fund...

Is the Turkish lira a buy ahead of CBRT interest rate decision?

The USD/TRY has risen substantially this year because of pressures of the Turksish lira. The Turkish central bank (CBRT) will deliver its rate decision today. Analysts...

DAX Index turns south as Merkel warns of a difficult period ahead

  The number of new COVID-19 cases has continued to surge on a daily basis across Europe “Difficult months are ahead of us,” warns Merkel DAX Index...

US dollar index falls ahead of housing starts data

The US dollar index declined as investors continued focusing on stimulus talks between White House and Pelosi. Analysts believe that the deal is not possible...

US dollar index rallies ahead of mild retail sales data

The US dollar index (DXY) is rallying as the market reacts to the rising number of Covid-19 cases. Cases have been rising in European and...

GBP/USD forms hammer pattern ahead of key Brexit deadline

The GBP/USD pair rose as the UK and the EU are set to continue Brexit talks past the tomorrow's deadline. Analysts believe that the two...
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