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Day: November 23, 2020

Sterling Accelerates Higher on Vaccine News, Dollar Resumes Selloff

Dollar’s selloff resumes today as stocks rallies on more positive news on coronavirus treatment. British drugmaker AstraZeneca said it’s vaccine could be around 90% effective, and as many as 200 millions doses could be ready by year end. The news also lifts Sterling to be the best performer so far today. New Zealand Dollar and Euro …

Sterling Accelerates Higher on Vaccine News, Dollar Resumes SelloffRead More

Stocks making the biggest moves in the premarket: Merck, Korn Ferry, Regeneron & more

Take a look at some of the biggest movers in the premarket: Merck (MRK) – Merck is buying privately-held drug maker OncoImmune for $425 million cash. OncoImmune is a developer of drugs designed to treat Covid-19, cancer and other diseases, and its vaccine candidate has shown promising results in a late-stage study. Merck shares added …

Stocks making the biggest moves in the premarket: Merck, Korn Ferry, Regeneron & moreRead More

NZD/USD Analysis: Pressure By 50– Hour SMA

The New Zealand Dollar edged higher by approximately 40 basis points or 0.69% against the US Dollar on Friday. The 50– hour simple moving average guided the currency pair during Friday’s trading session. Everything being equal, the exchange rate could continue to surge in an ascending channel pattern. The potential target for bulls would be …

NZD/USD Analysis: Pressure By 50– Hour SMARead More

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