Page 19 - Term Technical News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: US Federal Reserve maintained the monetary policy unchanged, disappointed. The American currency appreciated during US trading hours amid a deteriorated market’s mood. EUR/USD is at risk of falling in the near-term, but the decline seems corrective. The EUR/USD pair surged to a fresh 2020 high of 1.2212 early during the London session, as hopes fueled demand for high-yielding assets. Progress in US stimulus talks and Brexit negotiations were behind the upbeat mood. Further supporting the shared currency, Markit preliminary December PMIs came in better than anticipated, showing that ...

Share: The RBA’s Minutes anticipated additional easing coming in the near-term. Australia will release the November Westpac Leading Index, previously at 0.12%. AUD/USD holds on to gains near this year’s high, could storm through 0.7600. The AUD/USD pair suffered a setback at the beginning of the day, falling to 0.7506, as the Reserve Bank of Australian Minutes brought a surprise. Policymakers noted that “substantial policy support” would be required for a considerable period, somehow hinting at more QE coming in early 2021. Meanwhile, the American dollar got attention due to its safe-...

Share: Australian growth-related figures came in better than anticipated. Australia November employment data could underpin the aussie. AUD/USD continues to consolidate near this year´s high at 0.7577. The AUD/USD pair has spent a fourth consecutive day confined to a tight intraday range near its year’s high. The pair is heading into the Asian opening, trading a handful of pips below such a high at 0.7577, little affected by the dollar’s back and forth. Early on Wednesday, Australia published the November Westpac Leading Index, which came in at 0.46%, improving from 0.3% in the previous ...

Share: A scarce macroeconomic calendar ahead of first-tier figures kept EUR/USD ranging. US Republican Senator Mitch McConnell acknowledged Joe Biden as the elected President. EUR/USD continues to consolidate yearly gains above the 1.2100 threshold. Trading was choppy across the FX board this Tuesday, with EUR/USD seesawing within familiar levels. The pair fell to 1.2120 as the dollar benefited from a sour market’s moo, but finished the day little changed around 1.2150. A scarce macroeconomic calendar and fundamental jitters were behind the absence of definitions. Brexit talks continue,...

Share: Covid restrictions in the US and Europe weighed on the market’s mood. Brexit’s optimism pushed the shared currency higher during London trading hours. EUR/USD is trading near 2020 highs and with room to advance further. The EUR/USD pair flirted with this year’s high and traded as high as 1.2176, as Brexit’s optimism weighed on the dollar’s demand throughout the first half of the day. The market’s sentiment suffered a sharp U-turn after Wall Street’s opening, with the greenback appreciating against all of its major rivals. News that London will go into the higher level of...