• Latest
  • Trending
  • All
Stocks mostly negative, dollar bears stay in the game

Stocks mostly negative, dollar bears stay in the game

July 27, 2020 05:52
Dollar lacks upside momentum due to lower Treasury yields

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
Investor sentiment looks neutral at the start of the week

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
Dollar lacks upside momentum due to lower Treasury yields

Major currencies struggle below key SMAs

May 19, 2022 06:02
Geopolitical tensions ease but risks persist

Global stock rout continues on growth fears

May 19, 2022 05:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
Chinese data spooks investors, sentiment turns sour

Stock markets turn directionless after a bounce

May 18, 2022 05:08
Dollar lacks upside momentum due to lower Treasury yields

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
Sentiment turns sour, dollar steadies ahead of the weekend

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
Dollar lacks upside momentum due to lower Treasury yields

Dollar off tops but resilient

May 16, 2022 05:44
Stocks mostly lower despite upbeat economic data

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

Dollar refrains from a deeper retreat

May 13, 2022 06:04
Dollar lacks upside momentum due to lower Treasury yields

The greenback seems unstoppable

May 12, 2022 06:34
  • Terms & Сonditions
  • Contact
Sunday, May 22, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Stocks mostly negative, dollar bears stay in the game

Stocks mostly negative, dollar bears stay in the game

The greenback remains under heavy selling pressure on Monday after significant losses seen last week

by Stephen Soo
July 27, 2020 05:52
in Fundamental analysis
0
Stocks mostly negative, dollar bears stay in the game

Asian stocks traded mixed on Monday as investors continued to express some concerns over the rising coronavirus cases globally and rising US-China geopolitical tensions amid tit-for-tat consulate closures in both countries. Besides, hopes of a quick U.S. economic recovery are fading these days, adding to a cautious tone among global investors. On the positive side, Taiwan’s TSMC stocks rose almost 10%, to finish at a fresh record high on Monday after rival Intel signaled it might give up manufacturing its own components due to delays in new 7 nanometer chip technology.

In Europe, stocks opened mixed-to-lower as investors continue to watch rising diplomatic tensions between the U.S. and China while the U.K. imposed quarantine measures on people returning from Spain. Meanwhile, a White House official said that Trump administration officials and Senate Republicans had reached an agreement in principle on a fresh coronavirus relief bill. If successful, fresh stimulus measures could support positive risk sentiment in the short term. 


Elsewhere, the greenback remains under heavy selling pressure on Monday after significant losses seen last week amid US-China tensions and a strong rally in gold prices. The euro extended gains to fresh late-September 2018 highs above 1.17 and retains its bullish tone during the European hours on Monday. 


Also on the positive side for the common currency, Germany July Ifo business climate index came in at 90.5 versus 89.3 expected, feeding into more optimism of a rebound in the third quarter. Ifo economist also highlighted that optimism was gradually returning. A daily close above the 1.17 handle could open the way to fresh long-term highs for the EURUSD pair in the days to come.


Meanwhile, gold prices continue to rally, refreshing all-time highs around $1,945 as risk-off tone persists due to several risk factors globally. Despite the overbought conditions, the bullish potential in gold prices persists while the potential pullbacks will likely be shallow and modest at least as long as global investors keep a cautious tone.

Tags: EURUSD
Share2Tweet2
ADVERTISEMENT
Stephen Soo

Stephen Soo

Stephen's specialty is fundamental analysis. He graduated from the Booth School of Business, the University of Chicago. Stephen currently cooperates with several news agencies, and on FWNews he publishes macroeconomic news and reviews on brokerage companies.

Related Posts

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Major currencies struggle below key SMAs

May 19, 2022 06:02
12
Geopolitical tensions ease but risks persist
Fundamental analysis

Global stock rout continues on growth fears

May 19, 2022 05:00
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
15
Chinese data spooks investors, sentiment turns sour
Fundamental analysis

Stock markets turn directionless after a bounce

May 18, 2022 05:08
15
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
16

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Carlyle’s David Rubenstein: ‘Still a little nervous’ but market rally has ‘somewhere more to go’

August 31, 2020 14:33
10
Pound corrects higher due to dollar weakness

Greenback trims gains as risk-on tone dominates the markets

November 3, 2020 07:58
14
Stocks mixed, dollar higher to start the week

Stocks mixed, dollar higher to start the week

August 9, 2021 11:35
16

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews