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European Stocks Fall For The Fourth Session

European stocks continued to post losses for the fourth straight session on Friday, as fears increased over the economic recovery due to the rise in COVID 19 cases worldwide. The pan-European STOXX 600 index (STOXX) slipped 0.4% by 07:14 GMT, (SXEP) sliding 1.4%. Other growth-sensitive sectors such as miners, insurers …

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Asian Shares Down

Asian shares and US stock futures fell on Friday, with an increase in the number of Covid-19 cases in the United States, which casts fears on the outlook for economic recovery. At the same time, investors looked forward to the earnings season. MSCI’s broadest index of Asia-Pacific shares outside Japan …

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Dollar Index Back to 96.30

After a short-term recovery to daily highs in 96.55 / 60 range, dollar fell to 96.30 area on US Dollar Index The demand for the safe-haven remained light for the second consecutive session, after the good sentiment in the market and investors turning to risky assets. Investors focus now on …

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EUR/GBP Near 3-Week Lows

EUR/GBP maintained its performance in the mid-European session and last seen hovering around its lowest level in three weeks, just above the mid-0.8900s. The pair came under fresh selling pressure on Thursday and expanded its recent retreat from three-month highs set on June 29. Positive sentiment around sterling was the …

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Euro is Ready to Return to June highs

The Euro stalled its advance on Dollar Thursday after facing technical resistance and as stock market futures dipped lower across in the US, although the single currency ready to return to June highs before the week is out.  Euro is currently trading at 1.1327, down 0.03% against the US dollar, …

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