Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
The virus situation keeps improving slowly but steadily; nevertheless, investors are still concerned with the larger scope of economic consequences: USD slides down, JPY weak, gold rises.
The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.
Global coronavirus cases have surpassed 1 million, US unemployment claims have doubled, oil has soared, and NFP will come out in a few hours. Watch the video and learn more about the market!
USD is almost the only currency showing confidence in Forex on April 2, currencies of developing economies losing ground, WTI oil slightly up from $20
The US and Canada are awaiting the figures for manufacturing PMI for the short-term moves of the USD and the CAD.
Forex is cautiously optimistic this Tuesday on limited hopes on general economic improvement.
A new trading week has started! Find out what awaits EUR/USD, GBP/USD, USD/JPY and other currency pairs.
Friday has some pairs to look at...
The US Senate approved a $2-trillion stimulus package, traders await US unemployment claims. How will all of this influence the USD?
A more relaxed and risk-on Forex market, daily update with FBS analyst Gaspar Markosyan