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Today’s best performance comes from Spain
FOREX Recent market sentiment has been on a rollercoaster ride, as fear and hope alternate in driving risk appetite. Early Thursday trading is definitely a day marked by a risk-on stance, with the US dollar and other safe havens retreating, while the euro, and risk related currencies in general, are on the rise. This latest[…]
Gold has rallied to its highest level since late 2011
FOREX Lately, the Dollar Index has behaved almost like a fear gauge, reflecting the temperature of investors’ sentiment, rising with fear and dipping when optimism dominates. Over the last few sessions, the index has remained almost flat as the constant tug of war between those believing in a quick V-shaped recovery and others worried about[…]
The euro is starting the week on the front foot
FOREX The euro is starting the week on the front foot, with gains versus other major currencies. The single currency has gained more than 1% against the dollar so far in June, as investors feel reassured by the way the virus has been brought under control in the European Union and the successful reopening of[…]