Stocks are mostly lower today, with the real action in the markets again happening in the USD. The U.S. currency extended losses at the start of the new month to trade at its lowest since May 2018.
Daily Market Analysis
Markets gear up for Tesla and Apple whose stocks will split on Monday, but investors still keep their eye on COVID-19 developments. Here's a technical analysis of AUD/USD, USD/CAD and USD/JPY.
The yellow metal has loosened its’ previous steam, but some analysts believe it may rally again. What may underpin gold?
EUR/USD is climbing up. The move above 1.1950 will drive it to 1.2000. Let’s find out the main reasons why it may happen.
Fed's chair will make the monetary policy statement. Investors will mainly focus on the Fed’s new average inflation targeting regime and economic guidelines.
GBP/USD tested the key resistance level at 1.33191.
Yesterday, there was a huge announcement on that matter from one of the US largest retailers - Walmart.
NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?
Tesla hit a new record on Thursday. Does it still have the potential to the upside? Let’s look at what analysts say.
GBP/USD comes to challenge the 2-year resistance. Will it cross it?
GBP/USD is now testing the key resistance at 1.32605.
Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.