Euro Drifts Lower Ahead of ECB Rate Decision

© Reuters. By Yasin Ebrahim Investing.com – The euro drifted lower against the dollar Wednesday as investor attention shifted to the European Central Bank meeting on Thursday. fell 0.19% to $ 1.2104, after hitting a session high of $ 1.2158. The European Central is expected keep interest rates and the pace of bond purchases unchanged […]

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Crude Oil Drifts Higher on Hopes for OPEC+ Discipline

© Reuters. By Geoffrey Smith  Investing.com — Crude oil prices rose modestly on Friday, as the market again looked through short-term developments on the Covid-19 front to focus on the prospect of a recovery in demand next year. Fears that the latest wave of the pandemic will lead to broader lockdowns and fresh demand destruction played […]

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Sterling drifts ahead of key Brexit decision day for Boris Johnson

Will Johnson do the unexpected and blow up negotiations for good? The pound is drifting to start the day, with cable seen back under 1.2900 ahead of European trading but not really facing any urgency to retest the lows this week @ 1.2863. For now, sellers are still keeping a more bearish near-term bias upon […]

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Forex – Dollar Drifts as Deadlock Drags on; Pound Absorbsakes Jobless Blow

By Geoffrey Smith  Investing.com — The dollar was little changed in early trading in Europe Tuesday, with no breakthrough in the U.S. fiscal stimulus talks to push it in either direction. Risk appetite was supported somewhat by reports of a decline in hospitalizations in the U.S. due to the Covid-19 virus, strengthening confidence that the pandemic […]

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Forex – Dollar Drifts Lower in Tight Trading Ranges

© Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trade Friday, but trading ranges have been tight as traders attempt to weigh up the conflicting forces of a continued economic recovery with heightened tensions over China’s move to tighten control over Hong Kong. At 2:55 AM ET (0655 GMT), the […]

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Forex – Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again

© Reuters. By Geoffrey Smith  Investing.com — The dollar started the week slightly higher in Europe, albeit in modest volumes depressed by public holidays in the U.K. and U.S., against a backdrop of simmering tension between the U.S. and China. By 3:45 AM ET (0745 GMT), the , which tracks the greenback against a basket of […]

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