Reasons behind the USD's advance, the earnings season in the United States, the outlook for EUR, JPY, Apple, Amazon, and more in this video!
GBP/USD: forecast for June 19-23
The British pound moved higher as more members of the Bank of England’s Monetary Policy Committee voted for the rate increase. The BOE decided to maintain its monetary policy settings by the majority of votes, but 3 members dissented and voted for rate hike as they had become increasingly worried about high inflation.
This week we will see two CPIs, five PMIs, and a dozen statements from banks governors from all over the world. Why do you need to follow these releases? Because it is a perfect opportunity for markets to gain volatility and for you to earn on this volatility.
This week will be full of meaningful events for the global markets. The US dollar has reached the psychological level of 100. Will it go above or a reversal might happen? How will it affect currency pairs, gold, and the US stock market? All answers are in the video.
Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.