British Prime Minister Johnson offers to host more Euro 2020 games
British Prime Minister Boris Johnson has offered to host more Euro 2020 matches, postponed to this year due to the coronavirus pandemic, in his country this June and July. "We are hosting the Euros. We are hosting the semis and the final. Any other matches they want hosted, we are certainly on for that, but at the moment that’s where we are with UEFA," Johnson told newspaper The Sun on Tuesday. Alternative models for the Euros are being evaluated because of the current travel restrictions caused by the coronavirus pandemic. In Britain, more than a third of adults have received a first vaccine ...
Gold Seeks Direction As US Dollar Index Slips
As of Wednesday (Dec. 30) morning, gold is range trading and remains more or less flat as it seeks momentum. As we wait for the precious metals to act on a catalyst, let’s also take a look at the Euro’s relation to the US Dollar and how both impact gold. Q3 2020 hedge fund letters, conferences and more Gold Doesn't React To The US Dollar Index SlippingOver the last 24 hours, the precious metals market did more or less nothing, despite the new daily decline in the US Dollar Index. The latter is now testing its monthly and yearly lows, while the PMs are not. PMs – as a group – are not reacting t...
ECB Is Not Worried About The Euro’s Recent Appreciation
Commenting on ECB’s statement on the euro’s recent appreciation and today’s trading Gorilla Trades strategist Ken Berman said:Q2 2020 hedge fund letters, conferences and moreECB's Statement On The Euro's Recent AppreciationThe major indices are mixed and flat at midday following a hectic morning session on Wall Street. The European Central Bank’s (ECB) monetary meeting was in the spotlight in early trading, and the band delivered a slightly hawkish message, stating that the ECB is not worried about the euro’s recent appreciation. The ECB’s message and the strong U.S. economic releases of the p...