Euro sees short-term volatility after ECB meeting
The euro briefly spiked above the 1.11 after the ECB meeting outcome but then retreated quickly and turned negative in the daily charts again. As expected, the central bank...
Global stocks keep bleeding on China virus fears
Global stocks keep nursing losses, as widening concerns over a China virus continue to dent risk appetite. As such, after a decent decline in Asia, European shares extended losses ...
What to expect from ECB meeting?
EURUSD remains on the defensive ahead of the ECB policy meeting due on Thursday. According to many analysts, the first meeting of 2020 will be a non-event. Still, the...
Bitcoin muted after a false breakout
Following a brief spike above the $9,000 handle, bitcoin
price retreated back below the 200-DMA and turned muted around the
$8,700 region this week. On the downside, the leading cryptocurrency by
market...
Oil lower as geopolitics is eclipsed by economic concerns
After a positive start for the week, when oil prices briefly jumped to $65.70 on geopolitical tensions in the Middle East, the sentiment in the oil market turned sour...
GBPUSD at one-week lows, further losses may be ahead
GBPUSD opened with a bearish gap on Monday, trying to cling to the 1.30 level after a brief dip to nearly one-week lows around 1.2960. in the weekly charts, the...
Euro struggles to regain the 1.11 handle
The euro made some recovery attempts early on Monday, but the pair failed to regain the 1.11 figure and turned red in the daily charts. On Friday, EURUSD dipped aggressively...
Gold shows a modest bullish bias
Gold has been confined to a limited range at the start of a new trading week. Volatility in the gold market has declined after a steep rejection from long-term highs...
Dollar is data-depended this week
The dollar has derived a decent support from economic updates out of the United States these days. Retail sales unexpectedly exceeded expectations in December, suggesting that a robust ...
Bitcoin ready to break the $9,000 barrier
Bitcoin resumed the ascent on Friday after a brief pause and extended gains to fresh two-month highs just shy of the $9,000 psychological level. Yesterday, the cryptocurrency made some ...
