The US dollar rose on Thursday after America released a strong ADP employment report and better-than-expected unemployment claims…
The news on upcoming tapering by the Federal Reserve pushed the American currency higher…
OPEC+ nations decided to stick to gradual production increases and gave a positive outlook for oil demand. Brent rose to the highest levels since 2019 on Tuesday.
Oil, the RBA, and the USD on the first day of summer
Chinese figures weren't too impressive. It's a bank holiday in the United States and Britain. Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, XAU/USD, and oil!
US unemployment claims fell to the pandemic low. Joe Biden will unveil a $6-trillion budget on Friday. In the meantime, Bitcoin was hit after negative comments from one of the central bankers.
After reaching key psychological levels, the gold price and the S&P 500 ceded some of the gains to cool down. However, they are still following bullish trajectories.
The gold price and the S&P 500 go beyond important psychological levels sharing bullish vibes across the markets. In the meantime, WTI oil trades at local highs, too, in the hopes of an upbeat outlook to come from the OPEC meeting next week.
EUR/USD jumped higher in line with an uptrend. S&P 500 also looks to test higher levels before the correction. Virgin Galactic, the stock for space tourism, is now available for trading with FBS. Watch the video, in which analyst Lixa Belugina discusses these and other topics!
The key levels for gold, oil, and the euro for May 24
EUR/USD and GBP/USD met resistance. Gold is consolidating after rising to 4-month highs. A sell idea for Brent oil. Technical levels for S&P 500. Watch the video to learn about these and other topics important for traders!
Daily market update for this Thursday