Daily Market Analysis

Strengthening of the USD got both AUD/USD and NZD/USD down. How to trade it?

UK reportedly reaffirms that there is no progress on fisheries, says EU is 'literally making it up'

EUR has been showing some upbeat performance lately. Will that last?

Amazon's stock is calming down. Is it before a bullish storm?

U.S. stocks are seen opening mixed Thursday, pausing around record highs as investors await more fresh news on Covid-19 vaccines and potential fiscal stimulus.

A tentative mood was seen in Asia-Pacific bourses following the flat performance on Wall Street, whilst Chinese Caixin Services PMI printed its second-highest reading in a decade.

The USD has become soft. What's the tactical outlook against its main counterparts?

Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs

Fed's Powell said a slowing recovery and a surging pandemic meant the US was entering a "challenging" few months, with the potential deployment of a vaccine still facing hurdles.

The progress on the COVID-19 vaccines and hopes of a swift economic rebound next year added to the optimistic sentiment in the market.

World shares paused on Monday to assess a record-breaking month

Looking ahead, highlights from macroeconomic calendar include regional and national German CPIs, US Chicago PMI, OPEC meeting, ECB's Lagarde and BoE's Tenreyro speeches.