Om Prakash Arora / プロファイル
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![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
EU says Brexit deal still 'metres from the finish line'
The European Union and Britain have made better progress towards a trade deal in the last few days but there is still a lot of work to do for an agreement to be in place by the end-year deadline, the bloc's chief executive said on Friday.
Diplomats briefed earlier by the EU's executive, which is negotiating with Britain on behalf of the 27 member states, said Brussels and London remained at odds over fishing rights, fair competition guarantees and ways to solve future disputes.
The European Union and Britain have made better progress towards a trade deal in the last few days but there is still a lot of work to do for an agreement to be in place by the end-year deadline, the bloc's chief executive said on Friday.
Diplomats briefed earlier by the EU's executive, which is negotiating with Britain on behalf of the 27 member states, said Brussels and London remained at odds over fishing rights, fair competition guarantees and ways to solve future disputes.
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Om Prakash Arora
Dollar Weakens as Consumers Lose Confidence; Pound Gains on Possible Deal
The dollar edged lower in early European trade Wednesday, weighed by signs the surge in coronavirus vases is hitting the U.S. consumer while the country’s political scene remains divided.
At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 92.245. EUR/USD climbed 0.2% to 1.1883, USD/JPY fell 0.3% to 103.91, while the risk sensitive AUD/USD rose 0.1% to 0.7304.
GBP seems a little tired of the stop-start nature of this news,” ING added, “but we would back cable on the soft dollar story and favor a rally back to recent highs at 1.3310.”
The currency could strengthen to $1.35 by mid-2021 if the two sides negotiate a free trade agreement, according to a Bloomberg survey of analysts, a level not seen since December 2019
The dollar edged lower in early European trade Wednesday, weighed by signs the surge in coronavirus vases is hitting the U.S. consumer while the country’s political scene remains divided.
At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 92.245. EUR/USD climbed 0.2% to 1.1883, USD/JPY fell 0.3% to 103.91, while the risk sensitive AUD/USD rose 0.1% to 0.7304.
GBP seems a little tired of the stop-start nature of this news,” ING added, “but we would back cable on the soft dollar story and favor a rally back to recent highs at 1.3310.”
The currency could strengthen to $1.35 by mid-2021 if the two sides negotiate a free trade agreement, according to a Bloomberg survey of analysts, a level not seen since December 2019
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Om Prakash Arora
Optimists Are Pushing Shares Up And The Dollar Down
The financial markets this week start with a new wave of optimism and buying of risk assets. Many Asian indices have updated record levels this morning, while MSCI AC Asia Pacific x JP is adding 1%. At the same time, the Nikkei 225 settled at 29-year highs. Futures on the S&P 500 and NASDAQ added 0.6% and 1%, respectively.
Short-term uncertainty also surrounds EUR/USD, which earlier today rose to 1.1855. A new test at 1.1900 and confidently overcoming this level could be the start of a large weakening rally for the dollar with a potential of 1.2300. The new reversal will finally confirm the bulls' weakness, once again focusing on the potential for a decline to 1.1600.
The financial markets this week start with a new wave of optimism and buying of risk assets. Many Asian indices have updated record levels this morning, while MSCI AC Asia Pacific x JP is adding 1%. At the same time, the Nikkei 225 settled at 29-year highs. Futures on the S&P 500 and NASDAQ added 0.6% and 1%, respectively.
Short-term uncertainty also surrounds EUR/USD, which earlier today rose to 1.1855. A new test at 1.1900 and confidently overcoming this level could be the start of a large weakening rally for the dollar with a potential of 1.2300. The new reversal will finally confirm the bulls' weakness, once again focusing on the potential for a decline to 1.1600.
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
'Difficult issues remain': UK, EU will resume trade talks on Monday
Britain and the European Union will resume trade talks in Brussels on Monday after so far failing to close gaps between their positions on two of the thorniest issues that have long dogged the negotiations: competition rules and fishing.
Many hope that time pressure and a COVID-19 crisis spiralling across much of Europe will focus minds on clinching a deal to avoid chaos in commerce, energy ties and aviation.
Britain and the European Union will resume trade talks in Brussels on Monday after so far failing to close gaps between their positions on two of the thorniest issues that have long dogged the negotiations: competition rules and fishing.
Many hope that time pressure and a COVID-19 crisis spiralling across much of Europe will focus minds on clinching a deal to avoid chaos in commerce, energy ties and aviation.
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
![Andres Felipe Vergara Gonzalez Andres Felipe Vergara Gonzalez](https://c.mql5.com/avatar/avatar_na2_micro.png)
Andres Felipe Vergara Gonzalez
2020.11.14
Hi Sr, I would like to copy your signal. Do you recommended a special configuration? I mean regarding to the initial deposit load, the broker, leverage or account type? In advance thanks!
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
Dollar Down Over Increased COVID-19 Vaccine Hopes
he dollar was down on Tuesday morning in Asia over Monday’s news that a COVID-19 vaccine could become available relatively soon and raising optimism over the global economic recovery.
U.S. drugmaker Pfizer Inc said on Monday that its vaccine candidate, which is being developed in partnership with Germany’s BioNTech, was more than 90% effective in preventing COVID-19.
he dollar was down on Tuesday morning in Asia over Monday’s news that a COVID-19 vaccine could become available relatively soon and raising optimism over the global economic recovery.
U.S. drugmaker Pfizer Inc said on Monday that its vaccine candidate, which is being developed in partnership with Germany’s BioNTech, was more than 90% effective in preventing COVID-19.
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![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
Biden win pumps up risk assets, dollar nurses losses
Surged, oil prices jumped and the dollar stayed weak on Monday as expectations of fewer regulatory changes and more monetary stimulus under U.S. president-elect Joe Biden supported risk appetite.
The Democratic candidate's victory at the U.S. Presidential election was largely priced-in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled U.S. Senate since last week.
Surged, oil prices jumped and the dollar stayed weak on Monday as expectations of fewer regulatory changes and more monetary stimulus under U.S. president-elect Joe Biden supported risk appetite.
The Democratic candidate's victory at the U.S. Presidential election was largely priced-in by markets, which had been trading with the view of a Biden presidency and a Republican-controlled U.S. Senate since last week.
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Om Prakash Arora
Will Rising Coronavirus Risk Derail The U.S. Economic Recovery?
The rear-view mirror continues to show that the US economy is clawing back losses from the coronavirus gut punch in the spring. But the rebound is increasingly threatened by the re-acceleration of Covid-19 cases, fatalities and hospitalizations.
The rear-view mirror continues to show that the US economy is clawing back losses from the coronavirus gut punch in the spring. But the rebound is increasingly threatened by the re-acceleration of Covid-19 cases, fatalities and hospitalizations.
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
![Om Prakash Arora](https://c.mql5.com/avatar/2021/1/5FFC7219-8CF0.jpg)
Om Prakash Arora
The US dollar traded sharply lower against all of the major currencies on Thursday with the Australian and New Zealand dollars leading the gains. Nearly 48 hours after the US Presidential election, no winner has been declared. Hopefully we’ll have a clearer picture on Friday.
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