Brexit talks set to restart

Read the article on FBS website

2020_10_21_17_19_40_Window.png

EURJPYM30 (8).png

2020_10_21_17_27_38_sos_PowerPoint.png

AUDJPYM30 (12).png

Ichimoku Kinko Hyo

EUR/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.

EURJPYM30 ich (1).png

Fibonacci Levels

 XAG/USD: Silver gains and moves above 23.6% level. It seems that bulls will gain further.

XAGUSDM30 (9).png

US Market View

A senior US official tells Politico's Morning Money that (in relation to recent upbeat comments from House Speaker Pelosi) that there was “nothing real here” and accused Pelosi of just “running out the clock” before the election. The political theater over a U.S. fiscal stimulus package drags on into another day, with House Speaker Nancy Pelosi extending her self-imposed deadline for a deal and President Donald Trump putting more pressure on Senate Republicans via Twitter and the campaign trail to agree to a larger package of support measures. Crude oil prices came off the highs posted in reaction to progress on the U.S. stimulus talks but remain well supported, helped by weakness in the dollar which it makes oil cheaper for non-U.S. buyers.

US Key Point

  • Canada new home prices jump the most in 14 years
  • Brainard making the case for owning stocks: "Financing conditions favorable for large businesses, tight for small businesses"
  • Fed's Brainard supports that aside from virus, biggest downside risk is no fiscal support
  • Paypal to allow users to buy, hold and sell four cryptocurrencies

TRADE NOW

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.