For a long time, traders considered American Non-farm Payrolls (NFP) the most important release in the market. However, the situation has changed. Now US CPI moves financial markets.
Monday trade ideas: EUR/USD, Gold, Brent on August 23
The US dollar corrects after a long rally. Its recent jump was caused by the Fed’s Meeting Minutes. Oil rises after the massive drop. Bitcoin reaches $50.000 and gold keeps following it. Join us in Telegram: https://t.me/fbsanalytics Glossary - https://bit.ly/2UyOHoN Article about Bitcoin $ Gold correlation - https://bit.ly/3j939gX 00:00 - Intro 00:30 - XBR/USD 02:35 - US dollar index 05:15 - EUR/USD 06:25 - Hang Shang 50 08:30 - Bitcoin and gold FBS Trader App: https://fbstrade.onelink.me/c2dL/7c93... More videos: MACD indicator: How to find trend reversal - https://www.youtube.com/watch?v=TFx8XvS0b2Y #usd #eurusd #gold #oil
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?
Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.
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.