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20 Jul 2020

Spanish PM Sanchez: Confident EU leaders will reach agreement

Spanish Prime Minister Pedro Sanchez said on Monday that he is confident EU leaders will reach an agreement on budget and recovery fund that pleases both citizens and financial markets.

"We need a deal at the EU summit, hopefully, it will come in the next few hours," Sanchez added. "Reaching EU agreement will require empathy, dialogue and determination."

Market reaction

The shared currency struggled to capitalize on these comments. As of writing, the EUR/USD pair was up 0.2% on the day at 1.1450.

Jul 20, 2020

GBP/USD Price Analysis: Symmetrical triangle breakout eyes 1.2665-70 supply zone

The GBP/USD pair continued gaining strong positive traction through the mid-European session and jumped to three-day tops, around the 1.2635-40 region
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Jul 20, 2020

Gold Price Analysis: Jumps to multi-year tops, around $1818 region

Gold broke out of its daily consolidative trading range and retested multi-year tops, around the $1818 region during the mid-European session. The eve
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