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#Bank of England
UK approves COVID vaccine

The UK has become the first country to approve the use of a covid-19 vaccine. A stimulus bill is being discussed again in Washington DC. The S&P 500 hit a record high and the US dollar fell to fresh 2 ½ year lows while gold jumped.

Bitcoin is over $30k, Happy New Year!

The huge price rally in Bitcoin has continued into the New Year with a move above $30,000. The British pound is gaining ground after the UK parliament agreed to the EU trade deal. US stocks finished at a record high on December 31.

EUR/USD reaches 1.20 then crumbles!

The euro briefly reached the big 1.20 level, Zoom shares jumped over 40% after earnings and the second largest crypto Ethereum rallied 10% to a 2-year high. Today there is Australian GDP and US ADP unemployment data.

Boris ready to “move on” from Brexit

Wall Street was closed on Monday, which allowed for a rebound in European shares, while SMIC dropped big in Hong kong. The British pound was top FX decliner on new Brexit concerns. Today Germany has trade data and Slack reports Q2 earnings.

GBP/USD strikes 8-month high

The British pound is at 8-month highs and Japanese markets were volatile after long-standing Prime Minister Shinzo Abe unexpectedly resigned. It’s the last day of August and investors remain bullish with the S&P 500 on pace for a 5th month of gains.

GBP, AUD, Gold 2-month low

The US dollar breakout gathered momentum while the Kiwi dollar turned lower after a dovish RBNZ meeting. The sell-off in tech stocks accelerated as Tesla dropped 9%.