The British pound showed moves against the greenback to achieve strong gains, attacking the psychological barrier of 1.3200, reaching a high of 1.3193. Technically, the intraday trading remains stable above 1.3110 with the positive motive from the 50-day moving average that meets at the aforementioned level and adds more strength. …

Oil, Crude, trading

Gold prices opened the first weekly trading with a bullish tendency, touching the official target required to be achieved and mentioned in the previous report at 1963, reaching a peak at 1964. The technicals indicate the possibility of resuming the rally, depending on the continuation of gold obtaining clear additional …

The single European currency continues to rise against the US dollar within the expected bullish path last Friday, surpassing the first target required to be achieved during the previous analysis, 1.1870, to hit the session high at 1.1895. Technically, the moving averages continue to support the general bullish trend, in …

Joe Biden has been elected the 46th President of the United States according to AP.  The former Vice-President has pulled ahead in Pennsylvania. The latest batch of votes from the Keystone State put Biden ahead by around 34,000 votes ahead of President Donald Trump.

Former Vice President Joe Biden has taken a small lead in the battleground state of Pennsylvania against US President Donald Trump with 95% os the estimated votes tallied so far, Reuters reported, citing Edison Research. According to the latest figures, Biden has 49.4% and Trump has 49.3% in the state.

Net Change in Employment in Canada rose by 83,600 in October, compared to analysts’ estimate of 100,000, and brought the Unemployment Rate down to 8.9% from 9% in September, Statistics Canada reported on Friday. This reading missed the market expectation of 8.8% by a small margin. Further details of the …

Nonfarm Payrolls (NFP) in the US rose by 638,000 in October, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed September’s increase of 672,000 (revised from 661,000) and beat the market expectation of 600,000. Further details of the publication revealed that the Unemployment …

National Statistics Institute said in its monthly report today, Friday, that Italian key economic indicators have returned to levels that were only recorded before the emergency health crisis of Coronavirus, but expectations for the coming months are still shrouded in uncertainty. Last week’s data showed that Italy’s GDP 16.1%, much …

Turkey has not tightened policy enough to support the lira, which hit a new low on Friday, a senior analyst at Fitch Ratings said, and that the country’s foreign exchange reserves and external financing remain weaknesses. “more pressure from the currency, double-digit inflation and the erosion of foreign exchange reserves …