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The downbeat sentiment is a reflection of rising new Covid-19 infection rates across Europe, renewed concerns over Brexit, valuation concerns, waning impact of past stimulus measures...
Fawad Razaqzada 08/09/2020
Sterling was down about 0.7-0.8 percent this morning, by far the worst performing G10 currency.
Fawad Razaqzada 07/09/2020
The jobs report turned out to be overall a little stronger than expected, causing an initial positive reaction for both the dollar and US index futures, before the latter resumed lower.
Fawad Razaqzada 04/09/2020
Here is everything you need to know ahead of the nonfarm payrolls report
Another positive start for European markets thanks to news of more stimulus. Meanwhile the dollar has extended its rebound ahead of jobless claims and ISM services PMI
Fawad Razaqzada 03/09/2020
With the EUR/USD dipping to a low so far of around 1.1825ish, it remains to be seen whether the selling pressure will accelerate or subside in the coming days, with plenty of macro pointers to ...
Fawad Razaqzada 02/09/2020
European stocks have risen sharply this morning, tracking the gains seen on Wall Street the day before. Can the gains last and will the FTSE play catch up with the rest of the world?
The UJ has been fairly stable compared to other USD/XXX pairs, which have fall fallen sharply in recent months. Yet this pair has not made its move yet.
Fawad Razaqzada 01/09/2020
But is the dollar getting too cheap, and foreign currencies too dear?