The German economy rebounded sharply in Q3, beating expectations, but the single currency is facing technical headwinds as it attempts to push higher against the US dollar.
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The German economy rebounded sharply in Q3, beating expectations, but the single currency is facing technical headwinds as it attempts to push higher against the US dollar.
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GBP/USD is well placed to hit the September 1 high at 1.3483 if resistance at the 1.34 ‘round number’ can be topped amid optimism about a post-Brexit EU-UK trade deal.
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The Dow Jones and Russell 2000 indices seem poised to extend gains, buoyed by coronavirus vaccine progress and the triggering of the US presidential transition process.
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Gold pricesfell to a 4-month low following encouraging coronavirus vaccine trial results from Astra-Oxford. The world’s largest gold ETF has suffered an accelerated pace of redemption in recent weeks.
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What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?
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