Will There Be Any Changes in US Monetary Policy?
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
An important indicator may support the USD
The United States will release the level of preliminary GDP growth on August 29, at 15:30 MT time.
The GDP growth shows the change in the value of all goods and services produced by the economy. Economists pay attention to this indicator as it represents the economic activity of a country. According to the forecasts, the indicator will advance by 2%.
• If the actual level of indicator is higher than the forecast, the USD will rise;
• If the actual level of indicator is lower than the forecast, the USD will fall.
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How Will USD React to US Consumer Confidence?
What will happen? US consumer confidence will be announced at 5:00 MT (GMT+3) on Tuesday, July 27…
Currencies, stocks, commodities: trade ideas for July 5-9
The OPEC meeting and the US Nonfarm Payrolls rocked the market last week. The market is torn between optimism about the global economic recovery and concerns about the new coronavirus strains.
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NZD Rises on Strong Job Data and Other News
Read a short market wrap before trading today!
The USD Awaits Key Jobs Data
The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.
Gold May Form Double Top & Flat Strategy for S&P
Our analyst discusses the latest news and shares his trade ideas on gold, EUR/USD, and S&P 500. Jump in!
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