GOLD: bullish move on US-Iran conflict escalation
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
Forex News
Key information updates for profitable trading
All traders await NFP
The NFP will be announced at 15:30 MT on January 10.
AUD: is the bottom touched already?
Dovish expectations from the RBA's February interest rate decision are driving the AUD/USD down. How long it will continue?
Brexit: preparations have started
Today, the UK parliament starts the debate on Boris Johnson's Brexit paper. What are the likely consequences for the GBP?
TESLA: up to $500 per share or not so fast?
On December 30, Tesla saw its first overseas plant in China produce its first Model-3. Is it a start of the Chinese market conquest Elon Musk is looking for?
Important events this week will bring us
This week will be shaped by the American NFP release in line with other indicators, all set between the US-China trade deal expectation and the US-Iran conflict escalation.
Cautious moods entering the market
The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
Another challenge for the EUR
The Business Climate Indicator will be announced at 12:00 MT on January 8.
Will the CAD rise on positive Ivey PMI?
Ivey PMI will be announced at 17:00 MT time on January 7.
Where will EUR/USD head to?
What are the forecasts for EUR/USD in 2020 by major banks?
The first significant opportunity for the USD in 2020
The American manufacturing PMI by the Institute of Supply Management will be out at 17:00 MT time on January 3.
Will the US crude oil inventories push the USD up?
The American Crude Oil inventories will be announced at 18:00 MT time on December 27.
