Monthly Archives: October 2020

Another ugly night for markets as coronavirus uncertainty and pre-election jitters snuff out any gains made by the stronger-than-expected GDP figure from the US. As uncertainty grips the world, traders continue to flock to the USD. The EURUSD began Thursday

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Markets were hammered again overnight, with lockdowns, trade tensions and pre-election volatility all contributing. Traders again piled into the USD, putting pressure on paired currencies. The EURUSD opened the day at $1.17943 and ticked up to a high of $1.17964 shortly

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Australian data looms

October 28, 2020

Markets continue to sell-off as uncertainty runs rife. The EURUSD opened the day at $1.18063 and was steady early, climbing to highs of $1.18383 heading into late trading. It fell from those highs, hitting a low of $1.17915 in the

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Renewed US-China trade tensions could shake global markets as China threatens tariffs on US goods. The EURUSD gave up most of the gains it made on Friday after opening at $1.18525. The pair ticked up to a high of $1.18597

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Hectic week ahead

October 26, 2020

A smorgasbord of data is scheduled for release, while central banks feature heavily. Mixed fortunes for currencies on Friday, with the euro and pound heading in different directions. The EURUSD opened at $1.18166 and fell to an early low of

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