
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The EU is considering talks on cutting car tariffs between the world’s big car exporters to prevent an all-out trade war with the US. The European Commission is going to make a deal with such big exporters as the US, South Korea, and Japan. Under the deal, countries will reduce tariffs to agreed levels for a set of products.
Let’s see whether the EU will put its idea into the practice in the near future. It’s anticipated to have a positive impact on the euro.
Up to now, bulls have been trying to control Brent trading. The trading isn’t extensive. So the oil benchmark is anticipated to trade within $77.55-$78.20.
WTI is weaker today. The oil benchmark is moving down. The support is at $73.30. If the benchmark is able to recover, the resistance will lie at $75.20.
Tomorrow, traders should look at oil inventories data at 18:00 MT time. If there is a greater decline than anticipated, both oil benchmarks will rise.
That’s all for today! Follow market news with FBS!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
Some progress in US debt ceiling talks is made, and the PMI data is out.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
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