Dollar Up, Hopes of Fed Monetary Stimulus Rise
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- November 19, 2020
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Silver (XAG/USD) is approaching the February high at $28.37. Above here lies the $30.09 February 1 high, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. Silver underpinned by the $25.65 support “Silver…
The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further…
Silver (XAG/USD) is approaching the February high at $28.37. Above here lies the $30.09 February 1 high, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. Silver underpinned by the $25.65 support “Silver…
Palladium (XPD/USD) continues to carry over the 20-day moving average at 2904 and maintains an upside bias while above here. Target zone 3028/53 remains, as reported by Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank.…
The prevalent risk-off mood prompted some heavy selling around AUD/USD on Wednesday. Inflation concerns, escalating conflict between Israel and Palestine dented the danger sentiment. A subdued USD price action helped limit any longer losses before the critical US CPI report. The…
The AUD/USD pair managed to get better round 30 pips from weekly lows and used to be ultimate considered buying and selling without difficulty above the 0.7800 mark, nonetheless over 0.30% for the day. The…
Gold is dragged down, trading around $1,830. However, an enormous miss on US CPI may drive XAU/USD above the 200-day moving average (DMA) at $1850, FXStreet’s Dhwani Mehta informs. See – Gold Price Analysis: XAU/USD bulls begin of the…
EUR/USD stays on track to check resistance at 1.2212/43, but with this expected to cap for now, consistent with the Credit Suisse analyst team. See – The official launch of a digital EUR might not happen until 2025 – HSBC Support remains…
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The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further monetary stimulus from the U.S. Federal Reserve begin to grow. “Central bankers continue to offer promises of almost endlessly easy...
The dollar edged higher in early European trade Thursday, helped by its safe-haven status as concerns about the impact of the coronavirus remain. At 3:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 92.517, but just above the month’s low of...
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