After months of intense volatility, this past week has been relatively calm overall. Both the S&P 500 and the US dollar appear to have stabilised and are currently holding steady within a tight range.
Dear Customers!
Please pay attention to the change of trading hours for some instruments due to upcoming holidays in July.
With many countries now out of quarantine, stocks are establishing a clear uptrend. The S&P 500, DAX and FTSE 100 are all within touching distance of their pre-COVID highs.
Dear Customers!
Please pay attention to the change of trading hours for some instruments due to upcoming holidays in Russia.
Name (Ticker) |
After a series of tumultuous weeks for the greenback, it looks like the declines may finally be over. The USD’s rapid ascent that began in March was largely a product of corporate and private fears prompting many to hoard dollars until the dust eventually settled.
We have updated our account management area to bring you three times as many account management options.
With protests still raging and an uptick in coronavirus cases now on the cards, the situation in the US is still anything but certain. However, as the S&P 500 flirts with recent maximums and the Nasdaq records new all-time highs, the markets seem confident that the worst is now behind us.
The US dollar has had a torrid start to June, suffering significant losses against all the majors. This comes after March saw the greenback strengthen significantly for a range of reasons. As the world’s reserve currency, it has always been somewhat of a haven asset.
It looks like favourable winds are returning for airline companies. The travel industry has been going through considerable turbulence since the COVID-19 pandemic began and travel restrictions put in place around the world.
It looks like it’s a good time to go green. Aurora Cannabis stock leaped up dramatically following its earnings report last week, leading a more modest rally in the broader marijuana industry.