Copper Erases Losses As Weaker USD, Coronavirus Vaccine Lift Metals
Copper futures are paring their losses on Tuesday as they look to settle the trading session in positive territory. The industrial metal took a breather…
Posts Tagged: 2020 election
USD/CHF Rises As Pfizer’s Coronavirus Vaccine, 2020 Election Weigh on Franc
The Swiss franc is softening on Monday as the appetite for risk skyrocketed amid a coronavirus vaccine and a Joe Biden presidency. The franc, which…
US Crude Crashes 4% As Oil Rig Count Rises Again, COVID-19 Cases Hit New Record
Crude oil futures are crashing to finish the trading week. After two straight days of gains, US crude prices will end the trading week deep…
Gold Soars on November FOMC Meeting, Likely Joe Biden Victory
Gold futures are soaring on Thursday as the Federal Reserve and the Bank of England (BoE) maintained their aggressive approach to monetary policy. The yellow…
Chinese Yuan Recovers After Plunging Amid 2020 US Election Swings
The Chinese yuan is recovering against its US peer after the currency endured its largest single-day percentage decline in nearly three years. The yuan had…
Crude Oil Rallies As OPEC, US Supply Build Come Into Focus
Crude oil futures are rallying, despite a contentious 2020 US presidential election that did not result in a clear winner. Since global energy markets have…
Copper Joins Broader Market Rally As America Awaits Election Outcome
Copper futures joined the broader market rally on Tuesday as investors await the 2020 US election outcome. Copper prices are advancing, despite the presidential candidates…
Canadian Dollar Extends Winning Streak on 2020 Election, Crude Oil Rally
The Canadian dollar is extending its winning streak against its US counterpart on Tuesday as tens of millions of Americans head to the polls. The…