Forex News

9:00
November 27, 2020
EUR/USD looks to consolidate the breakout of 1.1900
EUR/USD extends the march further north of 1.1900. USD-weakness continues to support the upside in spot. EMU’s Final November Consumer Confidence, ECB-speak next on tap. The upbeat note in the single currency remains well in place for yet another session and encourages EUR/USD to consolidate the recent move beyond 1.19 the figure. EUR/USD looks to…
9:00
November 27, 2020
AUD/USD seen retaking 0.74 and above – UOB
AUD/USD’s upside momentum is expected to regain the area above the 0.74 mark in the next weeks, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour view: “Our expectation for AUD to ‘move higher’ did not materialize as it traded within a narrow range of 20 pips (0.7354/0.7374). Momentum indicators are mostly neutral…
8:45
November 27, 2020
Gold Price Analysis: XAU/USD hangs near multi-month lows, just above $1800 mark
Gold continues to find some support ahead of the 200-day SMA, around $1800 mark. A subdued USD demand was seen as a key factor that benefitted the yellow metal. COVID-19 vaccine optimism undermined the safe-haven commodity and capped gains. Gold has managed to recover an intraday dip to the $1803 region, albeit lacked any strong…
8:30
November 27, 2020
Brexit: EU’s Barnier says he cannot say a deal is possible at this stage
Michel Barnier, the European Union's Chief Brexit negotiator, has reportedly told envoys that he cannot say is a deal is possible at this stage. The French statesman is set to travel to London for further talks. GBP/USD has been shrugging off the news, trading at around 1.3370 within range. Cable hit a two-month high of…
8:30
November 27, 2020
Brexit: The difference between a deal and no-deal scenario is small – ABN Amro
With the hard deadline of the end of the transition period just one month away on 31 December, the coming days truly are crucial to reach a Brexit deal. ABN Amro’s base case continues to be that a free trade agreement will be signed. However, even with a deal, Brexit has already been and will…