MARKET NEWS AND CHARTS FOR DECEMBER 2, 2020
GBPCHF Switzerland proves itself to be a safe haven for investors during economic crises. For the third quarter of fiscal 2020, the Swiss economy expanded by 7.2% against a -7.0% contraction in Q2 GDP. On
GBPCHF Switzerland proves itself to be a safe haven for investors during economic crises. For the third quarter of fiscal 2020, the Swiss economy expanded by 7.2% against a -7.0% contraction in Q2 GDP. On
USDCAD Recent reports suggest a continued slowdown in the US economy. The Pending Homes Sales on Monday, November 30, for the month of October is still down at -1.1% from the -2.0% result in the
USDSEK Sweden’s economy continues to expand despite most European economies struggling to cope up with the resurgence of COVID-19 in the region. For the third quarter of fiscal 2020, the country’s gross domestic product (GDP)
EURPLN Pressure is mounting over Hungary and Poland to take back its veto on the EU budget. The $2.15 trillion budget for 2021-2027 was aimed at helping member states to recover from the pandemic. The
USDTRY The rising number of coronavirus cases and individuals filing for unemployment benefits in the US will take a toll on the performance of the greenback. The figure for the most recent initial jobless claims
USDSGD Singapore expanded by 42.3% on the country’s latest QoQ report for Q3 GDP of fiscal 2020. The actual figure for the third quarter showed higher data compared to Q2 2020’s gross domestic product decline
GBPUSD Despite outperforming its peers in Europe, the UK’s local currency will still see some weakness against the greenback amid the upbeat US data. Just like the rest of the EU member states, 2 out
EURAUD Australia managed to outperform economies in North America and Europe in its most recent reports. Figures for the Manufacturing and Services PMI came in at 56.1 points and 54.9 points, respectively. Both figures represent
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