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Forex Forecast And Cryptocurrencies Forecast For October 26 - 30
Article By:
Roman Butko
Saturday, October 24, 2020 5:52 PM EDT
Strong macro statistics from the United States and a record increase in the number of COVID-19 infected in the Old World, seemed to reverse the EUR/USD trend south on October 21. But then Europe and Germany, showed an increase in business activity.
Gold Hinges On Trump's Electoral Chances
Article By:
Yohay Elam
Saturday, October 24, 2020 4:39 PM EDT
Commentary from Washington on a fiscal stimulus deal has been pushing gold prices higher, while pessimism about a deal held it back. With time running out toward Election Day, the next bout of cash to fuel gold prices mostly depends on the outcome.
EUR/USD: Euro Seizes On German Strength To Push Higher, Ignores US Politics
Article By:
Yohay Elam
Saturday, October 24, 2020 11:33 AM EDT
Markit’s preliminary German Manufacturing Purchasing Managers’ Index has jumped to 58 points – far above estimates and reflecting robust growth. The upbeat figure has helped the euro recover from other depressing developments
Big Week Ahead- Saturday, Oct. 24
Article By:
Marc Chandler
Saturday, October 24, 2020 10:53 AM EDT
A two-week period is about to begin that could usher in a new phase for the global capital markets. Most of the major central banks hold policy meetings, and the US and Europe report the preliminary estimates of Q3 GDP.