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AUDUSD

AUDUSDIndependent Analyst: Thibault MoirezDate: September 25, 2020The Australian Dollar continues to tank against the US Dollar after falling for a consecutive fifth session on Thursday. This brings the overall weekly tally close to a 3.5 per cent decrease on the pair. The main focal point now will be whether the AUDUSD will manage to hold above the 0.70 level before the end of the trading...

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Gold Freefalling as Dollar Surges

Gold Freefalling as Dollar SurgesIndependent Analyst: Thibault MoirezDate: 24 September 2020Gold is tumbling on Wednesday triggered by a steep rise in the US Dollar following Chicago Federal Reserve President Charles Evans’ comments suggesting the central bank may raise US rates earlier than expected. Rising greenback value has placed the precious metal under immense pressure since the start...

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EURUSD

EURUSDIndependent Analyst: Thibault MoirezDate: 23 September 2020The Euro is falling against the US Dollar for a third consecutive session, down by almost half a percent at the time of writing, breaching the previous lower bound from August 12. The EURUSD is under pressure following a decrease in investor risk sentiment amid a resurgence in covid-19 cases in Europe. European stocks were heavily...

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Gold

GoldIndependent Analyst: Thibault MoirezDate: September 22, 2020Gold is correcting heavily at the start of week, falling by over 2.50 per cent at the time of writing following a surge in the US dollar. Investors are on the lookout towards the US Federal Reserve policymakers’ speeches this week for hints on potential new coronavirus stimulus measures. Despite stock markets tanking in Europe...

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GBPUSD Weekly Forecast

GBPUSD Weekly ForecastIndependent Analyst: Thibault MoirezDate: September 21, 2020 The British Pound traded higher against the US dollar last week but a resurgence in headwinds removed much of the sheen in the pair. A new spike in coronavirus cases in the UK and difficulties in the Brexit UK-EU trade negotiations are increasing pressure on the economic recovery in the union. Friday’s pullback...

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