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Trading & Market News

7/15/2020

Sentiment positive again after Moderna's vaccine news

Indices futures rose sharply, and both the U.S. dollar and the Japanese yen plunged following some positive vaccine news on late Tuesday.

7/14/2020

GBPJPY turns bearish as it drops below strong support

The GBPJPY cross traded weaker on Tuesday and was seen hovering near 134.40 during the US session, although it was up considerably from daily lows printed at 134.00.

7/14/2020

Monday's big reversal

Yesterday was quite a volatile day. US stock indices were trading 1.5% to 2.0% higher with only 2 hours to go for the day when the Fed's Kaplan said the US central bank might start scaling back its QE program as the US economy is doing pretty well.

7/13/2020

GBPUSD having troubles with 1.2670 resistance

The GBPUSD pair was flat on Monday and was seen trading at around 1.2615 during the US session as the pound is having some serious difficulties getting above the strong resistance of 1.2670.

7/13/2020

Investors buy equities on Monday.

Stock benchmarks across the globe rose during the Asian session on Monday, with E.U. bourses set to open 1% higher, and U.S. equity futures were seen half a percent stronger.

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