Gold Prices Erase Losses
The precious metal is trading higher on the day, erasing the losses from last Friday.
The gains come amid a broader improved market and hopes of the new stimulus bill in the US.
Price action is back above the 1900 - 1911.50 level.…
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WTI Crude Oil Jumps 6%
Oil prices are bullish on Monday on a host of factors, ranging from the strike in Norway to President Trump's health updates.
The weaker US dollar is also helping the commodity to make some gains in the near term.
The rebound comes…
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GBPUSD Attempts to Test 1.3000 Handle
The British pound sterling is holding on the gains as price action nears the 1.3000 level once again.
This was the resistance level that held up in the previous test just last month.
It will be interesting to see how the GBPUSD will…
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EURUSD Rises to a 2-Week High
The euro is trading higher amid a greenback that is broadly lower.
The gains come as the EURUSD has managed to consolidate above the 1.1715 level of support. This could potentially keep the gains with the EURUSD likely to rise further.…
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Tesla Sees Record Vehicle Deliveries in Q3
Shares in US alternative energy firm Tesla are trading around 4% lower pre-market on Monday, extending losses seen late last week. This is despite the firm reporting another quarter of positive results. The backdrop of increased fears…
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