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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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US Dollar continues to behave as barometer of markets’ risk appetite

Ricardo Evangelista by Ricardo Evangelista
October 7, 2020
in Forex, Markets, Opinion
Reading Time: 1 min read
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US Dollar continues to behave as barometer of markets’ risk appetite

Photo by Bermix Studio.

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The Dollar continues to behave as a barometer of the markets’ risk appetite and, to some extent, of the presidential mood. Yesterday, the greenback rose as anxious investors sought safety, reacting to President Trump’s latest episode of governing by Twitter, when he expressed his wish for the ongoing stimulus talks between Democrat and Republican lawmakers to be stopped until after the presidential election. Today, the Dollar lost some of the ground gained yesterday due to an increase in risk appetite, as Donald Trump appeared to have a late-night change of heart, tweeting about the need for financial support for struggling families and businesses.  

Tags: President TrumpUS dollarUS Dollar indexUS stimulus package
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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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