Loader
ECB de Cos says no room for complacency on the euro exchange rate

European Central Bank Governing Council member Pablo Hernandez de Cos in an article in Spain's La Razon newspaper over the weekend. The 'between the lines' message on the EUR is he doesn't want it appreciating much more. 

BoE Tenreyro says the evidence on negative rates is encouraging

A weekend report in the UK Telegraph - interview with Silvana Tenreyro, member of the monetary policy committee at the Bank of England. Silvana Tenreyro “We have been discussing our toolkit in recent months, including how effective negative rates might be in the current context ... The evidence has been encouraging.”

GBP finding an early Monday bid

There are a couple of reports of tentative progress in UK - EU Brexit trade talks  Lending a little early bid to GBP; cable is circa 1.2780 from earlier 1.2745 odd

War breaks out between Armenia and Azerbaijan

Old conflict explodes Armenia Prime Minister Nikol Pashiyan declared martial law and a general mobilization after accusing Azerbaijan of "pre-planned aggression."

Monday morning open levels - indicative forex prices - 28 September 2020

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week! Some small change only from late Friday levels:I'll be back soon with weekend news.

J&J Coronavirus vaccine candidate - induced immune response, showed acceptable safety profile

Johnson & Johnson’s experimental Covid-19 vaccine phase 1/2 trial findings have provided some encouragement. Reports the Wall Street Journal: Now for some caveats. These are from a small early-stage trial. They are interim, posted on online preprint server medRxiv. The report is not yet peer-reviewed, not yet published in medical journals.

ForexLive Americas FX news wrap: Equities finish strong but commodity FX skeptical

Forex news for North American trade on September 25, 2020: Markets:

Fitch affirms UK at AA- with a negative outlook

Fitch on the UK rating From Fitch, who lowered the UK to AA- in March. The UK's ratings balance a high income, diversified and advanced economy against high and rising public sector indebtedness. Sterling's reserve currency status, deep capital market and strong governance indicators support the ratings. The very long average maturity of public debt (15 years)

Trump will nominate Amy Coney Barrett to Supreme Court - report

Trump set to make the announcement tomorrow CNN reports Trump will nominate her tomorrow. She was the front-runner from the beginning. She's only 48 years old so she could serve for a long time to come.

US stocks close near high. Nasdaq has first up week in 4 weeks

Dow, S&P and Nasdaq close higher for the 2nd consecutive week The US stock indices are ending the session with gains across the board and near session highs:

Disclaimer: The trade in Forex and Cryptocurrencies can generate significant benefits but also involves a risk of partial or total loss of funds and should be considered by the initial investors. We recommend you that you read our terms and conditions and the disclaimer page before making any investment. The clients should be aware of their individual capital gain tax liability in their country of residence. This website is independent of forex and crypto brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade forex and crypto options. USA regulation notice: Cryptocurrencies companies are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commission of Futures of Commodities (CFTC), National Futures Association (NFA), Securities Commission (SEC) or Regulatory Authority of the Financial Industry (FINRA). Disclosure of Risk: fxrobotix.com don't accepts responsibility for loss or damage as a result of trust in the information contained in this website; This includes educational material, automatic operations, and graphics, and analysis. Please remember, the user has to be aware of the risks associated with trading in financial markets. Profits may vary according to market conditions and each user. The profits and results, we recommend you read the terms and conditions. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.