The market is waiting for the BOC rate statement...
The market sentiment deteriorated amid fresh US-China tensions. Also, investors remain cautious as increasing virus cases may damage economic activity again. Stocks and risky currencies dropped, as well as gold. These days the yellow metal tends to move together with risk assets.
Stock indexes and gold are setting new highs, the USD is going through challenging times and the CAD and the EUR await decisions of their central banks. Watch the video to prepare for this week's trading!
Risk-on is back on the market. EUR, GBP and stocks are in favor. Gold is rising too as investors try to hedge their risk investments.
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
Drawing trendlines is the key skill for every trader who wants to be successful. Watch the video to find out how to do it correctly!
Is trading EUR/USD different from trading GBP/JPY? How do currencies react to the news? How to trade with profit? In this video, FBS expert Elizabeth Belugina provides insights into the Forex market.
The USD loses its grip over currencies as lighter moods enter the market.
Let's consider the key levels for today!
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
What is going to move the market this week?
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.