Despite the Fed's comments on tapering, the USD weakened…
Risk averse dominates: EUR/USD & Gold / Trade idea on July 9
The USD, the CHF, and the JPY are rising as safe havens as the resurgent of coronavirus cases may slow global growth. Riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening. Watch the video to learn more!
Rallies in China’s technology equities and property shares were among the more notable moves. Local media said Evergrande paid a dollar-bond coupon before a weekend deadline, easing concerns about possible contagion from any default by the firm. What else can we spot today?
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. Will the US economic data today support the greenback?
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Crude Oil inventories report will help all energies to gain volatility and choose a direction | Gold is falling, but there is possible long entry | October 27
Gold strengthens as inflation concerns keep rising…