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Thursday, January 28, 2021
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Economy

GBP/USD retreats ahead of a potential Brexit deal

Debbie Fong - 0
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...
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Economy

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

Debbie Fong - 0
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...
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Economy

Dollar index rises ahead of blockbuster US Q3 GDP data

Debbie Fong - 0
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...
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Economy

Canadian dollar falls ahead of BOC interest rate decision

Debbie Fong - 0
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...
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Economy

Microsoft stock price gains ahead of Q1 earnings results

Debbie Fong - 0
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...
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Economy

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

Ronald Slater - 0
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...
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Economy

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

Ronald Slater - 0
  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...
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Economy

US dollar index falls ahead of housing starts data

Ronald Slater - 0
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...
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Economy

US dollar index rallies ahead of mild retail sales data

Ronald Slater - 0
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...
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Economy

GBP/USD forms hammer pattern ahead of key Brexit deadline

Ronald Slater - 0
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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