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Pound Holds Gains on Brexit Deal Hopes Pound Holds Gains on Brexit Deal Hopes

October 22, 2020
The British pound gained ground against rivals amid rising hopes of reaching a deal between the United Kingdom and the European Union. The EU and the UK agreed to intensify talks, including weekends, to seal a deal.

Dollar Tumbles on Renewed Stimulus Optimism Dollar Tumbles on Renewed Stimulus Optimism

October 21, 2020
The dollar index, which measures the greenback against a basket of major currencies, declined sharply to 92.77, the lowest since mid-September amid renewed optimism over the fiscal stimulus package.

US Stock Futures Hold Steady, Stimulus Talks in Focus US Stock Futures Hold Steady, Stimulus Talks in Focus

October 20, 2020
Major US stock-index futures were trying to trim losses during the Asian session following the massive drop ahead of yesterday's close. Investors are waiting on the sideline for the stimulus talks updates.

Aussie Tumbles on Mounting Easing Prospects Aussie Tumbles on Mounting Easing Prospects

October 15, 2020
The Australian dollar lost ground against rivals following the comments of the Reserve Bank of Australia Governor Philip Lowe. The latter reiterated that the bank is committed to doing whatever it takes to support the recovery.

Dollar Extends Gains as European Currencies Plunge Dollar Extends Gains as European Currencies Plunge

October 14, 2020
The dollar index, which measures the greenback against a basket of major currencies, added to prior gains, rising to 93.67. 

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