NFP is one of the most awaited American indicators. However, it seems to be overshadowed by recent events including rising inflation and the commodity crisis.
How to trade Forex on news releases
The economic calendar is always full of various events which provoke big movements in currency pairs. During these times the market can be extremely volatile and unpredictable, so your usual approach to trading may not work.
Find out how to trade Forex on news releases in the most effective way at the webinar with Elizabeth Belugina, the Head of Analytical Department. Elizabeth will show you that different news releases have a different effect on the market. She will also present several strategies for trading on news releases.
More reports, the start of a rally in crypto, outlook for gold and forex. This week is full of impactful releases, and we are here to trade on them.
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.