Daily Market Analysis

Since July, the movement of GBP/USD has been contained between 1.27 and 1.34. At the beginning of September, the GBP reached a high of 1.34 against the USD while the stock market was seeing its new highest high, and things seemed pretty fine around.

UK officials are reportedly preparing to dilute PM Johnson’s Brexit legislation, in a move that could rekindle negotiations with the EU.

USD/JPY is climbing higher. Will it continue? Check the article.

EU's von der Leyen supports that EU team will go to London next week to 'intensify' negotiations

How do we trade EUR/GBP today? All the same, but watch for reversal signs against the existing downtrend.

Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.

The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling

Treasury Secretary Mnuchin, after speaking with House Speaker Pelosi, said stimulus talks are still far apart and it is difficult to get anything done before the election but will keep trying.

"Hi, Speed!" took place this week. Did the stock price surge? No. The opposite. But it will, eventually.

The gold price is resting at $1 900 - how should we trade it?

US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.

There are higher lows and untouched resistance with this currency pair since the previous week - what does it suggest?