Will the US dollar be able to keep strengthening? What is the outlook for EUR/USD, oil, and S&P 500? Watch the weekly video to find out!
Ris sentiment turned red - check the charts!
FOMC's report provided positive feedback on the current domestic US economic dynamics. However, a rather dovish outlook made the US dollar weak, resulting in the USD's plunge in the currency pairs across the Forex market.
All eyes today are on the FOMC meeting: will the Federal Reserve ease traders' concerns about the increasing inflation or not? How can this influence EUR/USD, USD/JPY, gold, and S&P500? Watch the video to find out!
The Forex market is volatile and a bit indecisive this Tuesday but we have the S&P finally opening the way to 4000 as it managed to cross the resistance of 3960!
So many meetings are going to move the currencies!
Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.
What you need to know this Thursday
It's mostly corrections in the Forex market today - let's check it out together; we'll review gold, USD, EUR, GBP, oil, and Tesla!
The USD has recently strengthened versus the other major currencies…
As the biggest oil refinery in the world got attacked recently in Saudi Arabia, oil soared to almost $70. Other than that, a regular weak ahead, with CAD and EUR seeing their respective rates and monetary reports out. A couple of stocks are down, by the way - we'll talk about that and how to gain on that, too!
Wow! There are so many events happening right now in the Forex market. Jump in to know!