NFP release is coming and we are pretty excited about it! Watch the video and find out what to trade today
Apr 21: EUR/USD may slide, while J&J jumped higher
EUR/USD formed a bearish pattern on the daily chart. The USD looks set to recover some losses versus other major currencies. Netflix stock plunged by more than 8.7% on Tuesday as subscriber growth disappointed, while J&J, on the contrary, shoot up. Watch the video to learn more about the trading opportunities for April 21!
While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.
Wacth the video to get the full market wrap!
US inflation rose to a 13-year high making the USD rise…
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.
Stocks especially tech ones dropped on Tuesday as increasing commodity prices raised concerns over inflation. Gold is often viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.