Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
Canada will reveal its jobless rate and employment change for June on July 9, 15:30 MT.
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!
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.
Jump in to get the latest market news and trade ideas on gold, EUR/USD, and NZD/USD!
The Reserve Bank of Australia will announce its policy statement and gives an economic outlook on July 6 at 7:30 MT.
The US Jobs Report came in with much better-than-expected data.
OPEC members haven’t been able to agree on oil output yesterday. The US dollar jumped ahead of the NFP report today.
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!