After the FOMC confirmed no changes to the monetary policy until the economic recovery is completed, the US stocks surged
April 7: rising EUR/USD, gold & EU50
The IMF raised global economic growth forecasts, Moderna's vaccine will become the third one distributed in the UK. Traders await the release of the FOMC meeting minutes at 21:00 MT time. Watch the video to learn about the most interesting trade setups in EUR/USD, GBP/USD, USD/JPY, gold, and EU50.
Gold surged as US real yields dropped for the third time in four sessions. However, XAU/USD has lost its steam and slightly dropped. So, how to trade it now? Watch the video!
While the American stock market pushes S&P 500 above 4000, most currencies are weak against the US dollar, and commodities fluctuate.
Weekly market update on the USD, the GBP, and the stocks
While the corporate world is starting the earnings season, the S&P 500 is taking a little break from the bullish trajectory, and the Forex landscape is pretty mixed.
The hot latest news and the tech analysis of EUR/USD, EUR/GBP, AUD/USD, and gold!