Follow the key levels for EUR/USD, USD/CAD, and oil!
The volatility of the USD may increase this week, while the kiwi awaits the key decision
Investors concern that the economic recovery may be hampered by the fast-spreading delta virus variant. Japan’s GDP growth came out greater than analysts expected: 0.3% vs 0.1%. As a result, the JPY surged despite the extended restrictions in Japan.
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The USD felt better after the US producer inflation surpassed forecasts and American unemployment claims fell for the third week. Gold has a chance to test higher levels, while oil is struggling with the negative news from China.
EUR/USD rose after the US inflation data was lower than last month…
Traders await the US Inflation Rate report today at 15:30 GMT+3. The hotter inflation is, the higher the possibility the Fed will tighten the policy soon. If it is the case, it will be positive for the USD.
The USD remains strong, S&P 500 subsided from the record highs, gold is under pressure after the flash crash on Monday, Moderna stock jumped, BTC is enjoying positive news.
Trade ideas for gold, USD/CHF, oil, EUR/USD for this Friday
The US Inflation Rate is the most awaited event of the week! How will markets react? Watch the video to get fresh trade ideas on EUR/USD, GBP/USD, and Gold!
S&P 500 (US500) is at the record highs and may rise further…
The key events for the stock and the currency markets are in one video!