alqomah9

EU leaders reach agreement on recovery fund, 7-year budget. After the second longest summit on record EU leaders managed to find a complex compromise on the EUR 750 bln pandemic recovery fund and the next seven year budget, which together amount to an unprecedented EUR 1.82 trillion. That these disc

EUR/USD, “Euro vs US Dollar” After completing the ascending structure at 1.1469, EURUSD is moving downwards to reach 1.1402. After that, the instrument may grow towards 1.1435, thus forming a new consolidation range between these two levels. If later the price breaks this range to the upside, the ma

USD/CAD upside from 1.3586 fades momentum from 1.3607. Market sentiment remains mixed amid hopes of virus vaccine, Sino-US tussle. WTI stays clueless above $40.00 as US dollar trims gains. BOC is expected to keep the benchmark rate unchanged at 0.25%, quarterly monetary policy report, press conferen

Escalating US-China row to limit the losses in gold. Market-driven sentiment and USD dynamic to remain in play. Gold looks buy on dips from a technical perspective. Despite the jittery market mood so far this Wednesday, Gold (XAU/USD) remains on the back foot, as the US dollar bulls are back on t