This Wednesday will be heaven for day traders. A considerable number of events will make the market volatile. Don't miss it!
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.
The G20 summit and the US PPI release gave us a lot of volatility to trade on. Luckily, today’s markets may be even more volatile with new vital releases and geopolitical decisions. The daily news report will surely help you!
Before Joe Biden sat face-to-face with Xi Jinping on Monday night at a seaside resort in Bali, US officials played down hopes for tangible progress. The outcome easily exceeded those low expectations.
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Hello, dear traders! We hope you have a great day! Let’s see what news is worth following today! Market closing US stock exchanges will be closed due to the Thanksgiving holiday…
Today, two events will shake the US dollar. First, at 16:45 GMT+2, Markit, a statistical company, will release the US Flash Services PMI. Moreover, at 21:00 GMT+2, the Federal Reserve will release its meeting minutes.