Open: London Session | Forex, Metals, Oil, Agriculture February 10, 2021



Traditionally viewed as a safe haven, the dollar has sunk against major peers as optimism over monetary and fiscal support from policymakers. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.06 per cent to 90.38. In currencies, billionaire investor Stanley Druckenmiller says he has a “very, very short dollar” position versus peers in Asia, amid the region’s success in controlling the virus. Key resistance thereafter is in the band between 91.5 and 91.6.Trade strategyThe rupee can experience buying interest at lower levels on the back of weakening dollar.
BL Research BureauThe rupee continues to trade in a narrow range against the dollar. While the infection rate in the euro area’s largest economy has eased of late, Merkel s government has come under fire for its relatively slow vaccine rollout. The British pound was about 0.1% lower at $1.3803after renewing an almost three-year high at $1.382 overnight.
The euro weakened less than 0.1% to $1.21105following a three-day gain.


In 2002 when gold was $300 per ounce, MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system. The GoldSwitzerland Division was created to facilitate the buying and storage of physical gold and silver for private investors, companies, trusts and pension funds. Gold & Silver Technical Analysis Elliott Wave Forecast and Trading Levels Video Length: 00:14:03 Peter Mathers started actively trading in 1982.
“Spot gold added 0.1% to $1,838.09 an ounce after rising to a one-week high on Tuesday.


Investors are betting that fuel demand will rise while OPEC and allied producers keep a lid on supply. “With Brent over $60, it’s been great psychologically,” said John Kilduff, partner at Again Capital LLC in New York.

United States

Investors will need to wait for the next quarterly report to understand whether Trump s ban from the site has had an impact on business. German restrictions, Twitter earnings, Trump impeachment latest.


She faces the wrath of EU lawmakers today, dozens of whom have signed a letter calling for Borrell to quit.