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    DXY Technical Analysis – Wedge Break Happening

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    Morning Brief – Trend of The Day

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    Mixed start to Asian equities following mostly downbeat lead from Wall Street

    Asian equities could trade choppy after mixed price action on Wall Street

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    EURUSD Technical Analysis – 1.1760 Weekly Target

    EURUSD Technical Analysis – Tackling the 50-day MA

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Pound gaining some ground to Dollar and Euro during early Monday trading

Ricardo Evangelista by Ricardo Evangelista
December 14, 2020
in Forex, Markets, Opinion
Reading Time: 1 min
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Pound gaining some ground to Dollar and Euro during early Monday trading
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The Pound is gaining some ground to the Dollar and the Euro during early Monday trading. The UK and the EU decided to extend the deadline for the trade deal negotiations, having failed to reach an agreement within the previously self-imposed deadline. The current value of the Pound in the spot forex market reflects a general belief on the part of investors that a deal will be reached before the end of the year, seeing the recent posturing from both sides as part of a negotiating tactic.

Tags: Brexit negotiationEUR/GBPGBP/USDPound
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Ricardo Evangelista

Ricardo Evangelista

Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.

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DXY Technical Analysis – Wedge Break Happening

DXY Technical Analysis – Wedge Break Happening

by Nathan Batchelor
August 12, 2022
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The US dollar index has started to move under a large wedge pattern threatening a technical meltdown after...

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