After last week's CPI turned the markets upside down, we are looking at the performance of the US dollar…
GBP/USD: forecast for Sep. 18-22
GBP/USD made a big break to the upside and rose above 1.35 for the first time in 14 months. The pound jumped as a Bank of England said on Thursday that it could raise interest rates in “coming months”. On Friday, a central bank’s policymaker repeated this thought.
The release of the US CPI on Wednesday will determine whether US500 continues its advance or reverses down. Tensions between the US and China boosted the demand for gold, but will it persist?
Gold still has space to fall, and the euro is trying to price the ECB rate hike. Inflation readings, Elon Musk problems, earning reports, and the overall market outlook for forex await you in this video.
After the US CPI last week came out above the forecast, traders started expecting a 75-basis point rate hike…
In this video, we will talk about the potential change of a trend in the euro, another stock rally amid a global downtrend, gold prospects, and news that shakes the world right now. It’ll be a helpful video you don’t want to miss.
The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month.