Gold Surged, Traders Await FOMC Minutes
Gold has surged above the psychological mark of $1800 ahead of the Minutes from the Fed’s meeting. Read the article to get ideas on EUR/USD, Gold, and USD/JPY!
Market News
Key information updates for profitable trading
FOMC Meeting Minutes are in Focus
Federal Open Market Committee, a committee within the Federal Reserve System (the Fed), will reveal a detailed record of the most recent meeting on July 7 at 21:00 MT.
Oil & Gold Surged, Dollar Weakened on July 6
Jump in to get the latest market news and trade ideas on gold, EUR/USD, and NZD/USD!
How to Trade AUD after RBA Statement?
The Reserve Bank of Australia will announce its policy statement and gives an economic outlook on July 6 at 7:30 MT.
Better Than Expected NFP, But Unemployment Ticked Higher
The US Jobs Report came in with much better-than-expected data.
NFP is Eyed, OPEC Talks Continue Today
OPEC members haven’t been able to agree on oil output yesterday. The US dollar jumped ahead of the NFP report today.
Market Wrap: US Dollar Keeps Strengthening
The US dollar keeps strengthening due to the fresh Covid-19 outbreaks in some parts of the world. By the way, the US NFP report will be out already this Friday!
A Grand Day for the USD
The United States will post the indicators of employment on July 2, at 15:30 MT time.
Big Tech Stocks and Crypto Surged
Cathie Wood’s Ark Invest filed for the creation of a Bitcoin ETF. Apple and Amazon jumped and airlines and cruise operators dropped as the reflation trade waned.
The CAD May Rise on Economic Data
Canada will publish a GDP growth for April on June 30 at 15:30 MT time (GMT +3).
Trade Ideas June 28 – July 2
The main events of the week are Non-Farm Payrolls (NFP) and the OPEC meeting. Jump in and get fresh trade ideas for the whole week!
GBP is pressed after BOE, stocks surged due to Biden's plan
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
