The current slowdown in new virus cases in the USA improved the market sentiment. Sino-American tensions are escalating. Let's have a closer look at the AUD, S&P 500, gold and the GBP.
Everything you need to know for the first week of August
The oversold dollar has gained versus the major currencies, but will it be able to keep on? Watch the video to find out!
EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
It seems like the Fed meeting yesterday marked a final drop in the USD for now.
The USD has stopped its depreciation against riskier assets... for a while.
Do you want to know more about the dynamics of gold and the US dollar this week? FBS analyst Nour Eldeen Al-Hammoury explains the key trends of the week in his new video.
The USD has finally tried to strengthen versus other major currencies…
The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.
Thanks to the deterioration of the Sino-American relations, the JPY, the USD, and gold are rising while the rest go down.
Traders need to determine support and resistance levels and decide where to open and close positions. Watch the video to learn more!
Yet another volatile session in the markets…