The USD loses its grip over currencies as lighter moods enter the market.
June 26: stocks gained despite virus fears
The market sentiment is mixed. Yesterday unemployment claims in the USA came worse than analysts expected.
US states such as Florida and Texas recorded new coronavirus outbreaks. Localized restrictions have been imposed in Portugal, Germany, Australia and China.
Nevertheless, stocks gained slightly yesterday. Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
Follow US reports of personal spending and consumer sentiment at 15:30 MT time today.
Let's consider the key levels for today!
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
Drawing trendlines is the key skill for every trader who wants to be successful. Watch the video to find out how to do it correctly!
Is trading EUR/USD different from trading GBP/JPY? How do currencies react to the news? How to trade with profit? In this video, FBS expert Elizabeth Belugina provides insights into the Forex market.