EUR/USD continues to drop as Eurozone's biggest economies, France and Germany, consider imposing the economically-painful lockdown restrictions to counter the rising corona virus cases. France is reportedly considering a month-long national lockdown, which could take effect from midnight on Thursday. While these measures look less severe than the ones implemented in April/May, they could still [...]
The Australian dollar held firm on Tuesday as both countries' relative success in combating COVID-19 supported local sentiment in the face of a darkening global outlook. While the resurgence of the corona virus is threatening economic growth in Europe and the United States, most of Australia has little to no new cases and the country's [...]
EUR/USD is bearish, as the Eurozone's second wave of corona virus is accelerating and threatening to slow down the already fragile economic recovery. France announced a daily record of new corona virus infections on Sunday, with the confirmed figure reaching 52,000. Italy announced a partial lockdown, which will remain in effect until Nov. 24. And [...]
Gold prices fell on Friday, weighed by a stronger dollar, as investors kept a close watch on the final U.S. presidential election debate and sought further clarity on a corona virus aid package. U.S. House Speaker Nancy Pelosi on Thursday said negotiators were making progress in talks with the White House over a new corona [...]
