EUR, USD, GBP: all attention to PMI reports
PMI reports from the EU, the UK, and the USA will be released during the day!
USD: support from the labor data
While the EUR is celebrating lockdown ease and financial aid discussions in the European Commission, the USD is celebrating that continuing jobless claims for the week ending March 16 are now at 21.1mln which is the first decline since the virus hit. That means, businesses are re-starting their operations. Will the USD take that to reverse the bullish spree of the EUR? The resistance of 1.1030 will show.
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Oil and BTC Surged, EUR Awaits ECB
Today traders await the European Central Bank to make a policy statement at 14:45 MT (GMT+3).
European Central Bank Will Meet on Thursday
The European Central Bank will make its policy statement on July 22 at 14:45 MT (GMT+3).
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Ideas for trading US stocks on July 26-30
This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…
Friday Trades: EUR/USD, USD/JPY, and Gold
The overall market sentiment is risk-on. The S&P 500 index (US 500) is getting close to the all-time high. Oil is recovering quickly from its recent losses.
Will There Be Any Changes in US Monetary Policy?
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
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