Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes. Still, high oil prices represent a challenge for central banks, including the Reserve Bank of Australia and the ECB that meet this week.
S&P500 to 4400? / Forex, Gold, Brent, Crypto Analysis for May 30-June 3
This week, the USD will likely experience another route of subsequent falls. Traders of the Canadian dollar anticipate the rate hike by the Bank of Canada on Thursday. Moreover, Thursday will bring volatility to oil prices with the OPEC+ meeting. For details, technical levels, and market opportunities for your favorite trading instruments, watch a new video by FBS! By the way, at the end of this video, you will find an analysis for gold!
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.
Reasons behind the USD's advance, the earnings season in the United States, the outlook for EUR, JPY, Apple, Amazon, and more in this video!
Gold is still moving like a snail; Russia faces default; first signs of upcoming earnings season, and dozen of speeches from bank’s governors and G7 members. We have a lot to look for, and in the next several minutes, you will be filled with trade ideas and market news!
The interest rate hike shakes the market. However, not all are happy with that! The market is officially bearish now and assets, such as cryptos, stocks, and indices are in shock!
Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes…