The USD is going to be in the spotlight again this week as the Federal Reserve will hold a meeting on Wednesday, which could be a big mover! Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels.
The ECB meeting and the US inflation rate will be in our attention today.
Latest Forex news and fresh technical analysis! Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/CAD, and XAU/USD!
While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels…
News for the USD, the GBP, the Australian dollar, and some other assets
The US dollar rose on Thursday after America released a strong ADP employment report and better-than-expected unemployment claims…
The news on upcoming tapering by the Federal Reserve pushed the American currency higher…
OPEC+ nations decided to stick to gradual production increases and gave a positive outlook for oil demand. Brent rose to the highest levels since 2019 on Tuesday.
Oil, the RBA, and the USD on the first day of summer
This week we expect the OPEC+ to move the oil prices, while the focus of majors' traders will be on the NFP
Chinese figures weren't too impressive. It's a bank holiday in the United States and Britain. Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, XAU/USD, and oil!