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- Submitted Nov 10, 2020|From monetamarkets.com

The global stock market surged overnight as positive vaccine news emerged. Pfizer and BioNTech confirmed their experimental vaccines are more than 90% effective in preventing Covid-19 based on initial data from a large study. Earlier this week the ...
- Submitted Oct 28, 2020|From go.monetamarkets.com|4 comments

US election polling – Real Clear Politics have Trump on 48 and Biden 44 in Florida, one of the key battle states. News breaking this morning has pushed US equities lower as the gap between Biden and Trump narrows. Clearly, the market does not like ...
- Submitted Oct 27, 2020|From go.monetamarkets.com

US equities have begun the trading week off to a rocky start, however, a number of technicals are suggesting risk currencies may benefit from a weaker USD. Godman Sachs published an interesting article showing the US stock markets performance during ...
- Submitted Oct 22, 2020|From monetamarkets.com|6 comments

The stimulus countdown clock is ticking with just under two weeks until the Presidential elections. The risk-off sentiment seen during this mornings sessions shows investors are growing tired of hearing that stimulus talks are “progressing”. There ...
- Submitted Oct 19, 2020|From go.monetamarkets.com

We are heading into a blockbuster week as all eyes move towards the US Presidential debate and stimulus negotiations. VIX contracts are also set to expire this week which can also lead to increased volatility across the financial markets. However, ...
- Submitted Oct 16, 2020|From go.monetamarkets.com

The EURUSD came under pressure breaking down from a bear flag formation. Currently, the pair is sitting on support at 1.1700. The risk-off flows seen during yesterday’s trading session was a result of an increased number of hospital admissions ...
- Submitted Oct 15, 2020|From go.monetamarkets.com|2 comments

The EURGBP plunged roughly 100 pips as reports coming from the Brexit negotiations turned positive. Boris Johnson has been advised not to walk away from the negotiations after today’s deadline day. Reports coming from the UK are suggesting both ...
- Submitted Oct 14, 2020|From monetamarkets.com

EURUSD – Bears have the upper hand. EURUSD bears are currently in control as US stimulus talks look set to breakdown and the Brexit deadline looms on Thursday. The news has remained quiet on the Brexit front this week leading into Thursdays make or ...
- Submitted Oct 9, 2020|From go.monetamarkets.com

The GBP has held its price against the USD despite the BREXIT deadline being only days away. Furthermore, to add fuel to the fire, the UK is expected to head back into lockdown due to the escalating Covid-19 cases. The UK is expected to be split ...
- Submitted Oct 8, 2020|From go.monetamarkets.com

The EURGBP has been extremely lively over the past few months due to the ongoing Brexit saga. With the Brexit deadline fast approaching traders are questioning the possibility of a deal being finalised. European Council President Charles Michel has ...
- Submitted Oct 6, 2020|From go.monetamarkets.com|1 comment

Traders were left looking puzzled this morning as President Trump’s twitter account caused havoc in the currency market. Trump has called for negotiators to stop any ongoing discussions with the Democratic party as their requests were unrealistic. ...
- Submitted Oct 6, 2020|From go.monetamarkets.com

Binance Research found a strong correlation between Bitcoin and US equities in the early stages of 2020, and predicted the correlation would not last long. Interestingly, in recent months Bitcoin has been tied even closer to the SP500 making the ...