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Monday Market Watch -
EUR/USD is trading above 1.21, at the beginning of a week featuring the ECB's decision and the potential first approval of a US COVID-19 vaccine. Weak US jobs figures have raised hopes for a stimulus package, but uncertainty is highโฆhttps://t.co/KLvm0AXUMn
AUD/USD eases towards 0.7350 as the downbeat Australian Q3 Construction Output data fails to inspire the bulls. A pause in the US dollar sell-off also adds to the pullback in the Aussie. A significant improvement in global risk appetite gave the AUD a booโฆhttps://t.co/HEAm3D5qm8
Monday markets update:
EUR/USD is marching higher amid hopes for rapid distribution of coronavirus vaccines and uncertainty about the next ECB actions. Eurozone PMIs are set to show a drop in activity in November amid lockdowns. Cable has hit a fresh two-โฆhttps://t.co/UuNXXsTeqI
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End of week update -
EUR/USD is holding onto gains near 1.19 as markets grapple with the US Treasury's demand to receive around $500 billion back in stimulus funds from the Federal Reserve. Coronavirus headlines are eyed.
GBP/USD is rising toward 1.33 asโฆhttps://t.co/LM51jtCfw1
Market sentiment gives a view of the performance of a particular market or the stock market overall.
When a market is Bullish, this means the price is going up. ๐
When a market is Bearish, this means the price is going down. ๐ป