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!
Majors stabilize, oil near $80 / Trade ideas on October 4
The Asian indices dropped on the refreshed concerns over the Evergrande debt case, while oil prices are awaiting the OPEC+ meeting at their highs.
Find out the insights for today's trading of the most popular instruments on the Forex market
What moves the market this Friday?
It seems like most of the assets have joined Black Friday's sell-off with global indices, risky currencies, and commodities going down.
NFP starts to feel a little bit boring and the market's focus shifts to other important economic data. Inflation is one of them. It is affected by supply shortages, the amount of printed money, and an increase in demand. But how does it affect the market? In this video, we'll find out!
Jerome Powell is getting a second term as chair of the Federal Reserve. Powell is seen as less dovish than Brainard (another nominee). The US dollar should get some support from the possibility of faster-than-expected Fed tapering.