Yellow metal reached small gains due to weaker dollar meanwhile investors are waiting for U.S. Jobs data to gauge the Federal Reserve’s plans to start tapering asset purchases. The US economy is seen adding 750K jobs in August vs. a 943K addition seen previously. An astounding bull run in local equity markets amid the Covid-19 [...]
The kiwi pair is showing mid-trend on today early morning after publication of the New Zealand economic data. The pair has rose to the highest level since August 4 this year, in doing so, the kiwi pair pays a little heed to the domestic data and broad US dollar weakness as the COVID-19 fears renew. [...]
Global markets are worried about the political woes in Tokyo as viral concerns resurfaced in early September and tapping chats are increased among this. Now the market’s wait for key US data and the hope that major central banks will have more time before easing monetary policies. Elsewhere, Japanese Prime Minister Yoshide Suga told reporters [...]
Euro pair is showing a bullish trend ahead on European session. The Currency pair is showing uptrend due to the losses in greenback and strong preliminary reading of Eurozone Consumer Price Index. Comments from the European Central Bank (ECB) policymakers, suggesting an extension of easy money policies, offer an extra boost to the EUR/USD upside. [...]
