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09.10. Fresh trading analysis: weak recovery in the UK, oil prices jump

Friday, October 9th, today’s news—the UK's economic recovery slowed in August amid the pandemic. American and European markets rise in anticipation of fiscal stimulus updates, dollar is weaker, oil prices jump on fears of supply cuts from as Norwegian oil workers strike. The price of Brent oil is $43.00, WTI—$40.83, …

AUDUSD analysis 09.10.2020

The Australian dollar fluctuated in a narrow range sloping upward during the Asian session, to witness its retracement for the third consecutive session since the 29th of September against the US dollar, following the developments and economic data that they followed on the Australian economy and on the cusp of …

Gold analysis 09.10.2020

Futures contracts rose by nearly one percent to witness their rebound for the third consecutive session from the lowest since September 28, amid the rebound of the US dollar index for the eighth session in eleven sessions from its highest since July 24, according to the inverse relationship between them …

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