Forex News

What's moving markets on Friday? Read in the fresh report!

Elon Musk, Tesla’s founder and CEO, said the company wouldn’t accept Bitcoin as payment any longer. As a result, BTC/USD dropped to $45,300, the low unseen since March.

The USA will post Retail Sales and Core Retail Sales on May 14, at 15:30 MT time.

The main focus of traders will be on US inflation at 15:30 GMT+3. Analysts expect the huge spike of the US inflation.

The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time

The United States will publish a monthly Inflation Rate and Core Inflation Rate on May 12, at 15:30 MT time.

Stocks especially tech ones dropped on Tuesday on concerns over inflation. Gold is viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.

Let's see how the stock price of these four companies reacted to their earnings reports released this week.

Jump in to get the latest news and the tech analysis of EUR/USD, AUD/USD, and gold!

One of the most significant economic indicators for the US dollar will come out on Friday at 15:30 MT (GMT+3) - NFP.