Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
The USD loses its grip over currencies as lighter moods enter the market.
Let's consider the key levels for today!
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.
The NFP brought good figures last Thursday, but the spike of infections in the US keeps suppressing the risky momentum.
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
Concerns about the coronavirus clash with hopes of recovery. Traders await the US jobs data. Watch the video to find out what this means for the major pairs!
The day has started with a stronger dollar, as bulls pushed USD/JPY higher.
Investors are still indecisive between the second wave virus fears and smoother recovery hopes, so we have unsure shaky risk-on spots at a generally mixed market background.
Investors stay optimistic despite the virus outbreak in the USA and worse-than-expected jobless claims.
During this relatively mild trading session let's look at the moves of USD/JPY, Gold and S&P 500.