The USD is strong after the comments of the Federal Reserve members. Gold is under the impact of contradictory factors. Watch the video to get trade ideas for EUR/USD, USD/JPY, XAU/USD, and XBR/USD!
Lira pushes higher, gold falls and more on November 17
Markets anticipate another rate decrease from Turkey bank and it is putting ever more pressure on the lira that has fallen more than 25% for the last year. Cryptocurrency exchange Mt.Gox is now under a rehabilitation program, so volatility may come to crypto. Watch the video to find more!
After the rally on the past week US dollar is ready to reverse and gold, which broke through the global resistance line will overperform the market…
What moves the market this Friday?
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
The higher prices seen today are generally related to the pandemic, that’s no doubt. US consumer prices jumped in October at the fastest pace in three decades putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will raise interest rates next year. Jerome Powell says Fed will discuss speeding up bond-buying taper at the December meeting. What does it mean for markets?
On Friday, November 26th markets got absolutely destroyed by a new covid strain called Omicron, which was found in South Africa…