The US dollar edged higher, while gold dipped down. Let’s discuss main news and market movements in detail.
The ECB brings an opportunity to the EUR traders
The European central bank will conduct its press conference on January 24 at 15:30 MT time.
We anticipate the interest rate to remain at the same level of 0%. However, ECB president Mario Draghi, who is known for his unexpected statements, may provide some supportive data for the EUR amid the global uncertainties and the economic instability in Italy and Germany.
• If the European central bank is hawkish, the EUR will rise;
• If the European central bank is dovish, the EUR will fall;
The market sentiment improved after the USA reported some decreasing in coronavirus hospitalizations. Gold dropped below $2 000 and the US dollar dipped down, while stocks surged. Let’s have a closer look.
The market has started the week with a mixed sentiment…
Follow the report on August 14 at 15:30 MT time!
The market sentiment switched to risk-on. The US dollar is dipping down, while riskier assets are rising, especially the Australian dollar after the positive employment data. All eyes on US unemployment claims.
Everyone is talking about a stock split of Tesla. What is it?