The Forex market is abuzz with rumors that famed broker eToro is currently in talks with Goldman Sachs to lead a $5 billion IPO, as originally reported by Calcalist.
The pound sterling extended recent gains during London trade on Thursday, gaining nearly 0.6% on the euro on news that market participants in the UK will be permitted to use EU trading platforms for an additional three-month period.
Dr. Anthony Fauci, a leading member of the White House Coronavirus Task Force, recently said that he sees the US coming back to normal by the fall of 2021.
Global Stocks Mixed; U.S. Dollar Weak; GBP, EUR, & AUD Hit Multi-Year Highs; Bitcoin Above $29k; Coronavirus Deaths Hit New Daily Record.
The US dollar came under pressure after news that Senate Majority Leader Mitch McConnell blocked a stimulus vote which would have supplied $2,000 relief payments.
Senate Majority Leader Mitch McConnell turned down President Trump's proposal to increase COVID-19 relief checks from $600 to $2,000, combining it with a Section 230 repeal and calling on the Senate to override Trump's veto of the defense bill.
Global Stocks Mixed as Senate Leader Rejects $2k Checks; S&P 500, NASDAQ, Dow, Dax Hit All-Time Highs; U.S. Dollar Weak; EUR & AUD Hit Multi-Year Highs.
The US Dollar Index remained close to a 2½ year trough during London trade on Tuesday as Forex traders sought out assets with higher risk yields.
The US stock markets soared yesterday after President Donald Trump announced his decision to sign the stimulus bill, which would provide Americans with $2000 checks instead of $600.
Global Stocks Rise on U.S. Stimulus Bill Passage; S&P 500, NASDAQ, Dow, Dax Hit All-Time Highs; U.S. Dollar Looks Weak; Nikkei 225 Up By Over 2%.
The US President signed off on the latest aid package over the weekend amid a very public outcry for his initial decision to block it.
US President Donald Trump signed into law a $2.3 trillion stimulus aid package, averting a government shutdown.
Americans Will Receive Unemployment & One-Off Relief; Markets Make Risk-On Advance; Dollar Looking Weak; Bitcoin Hits New Record Above $27k.
The pound sterling is poised to hit last week's multi-year high as Forex markets wait for confirmation that a Brexit deal has finally been signed.
The international media have been reporting that both the United Kingdom and the European Union are closer than ever to agree on a post-Brexit trade deal.