All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
Tag - aud - australian dollar
The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
The USD is mostly steady across the board today - watch the daily market update for key levels!
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
The market is relatively quiet with the soft USD, consolidating oil, and rather bullish gold - check the levels for the main Forex currency pairs in the daily video!
U.S. stocks are set to open markedly higher on reassurances from the pharma sector about progress in the hunt for a vaccine to fight the Covid-19 virus.
Risk looking positive as we enter European session.
GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…
Gold continues to stand below the 23.6% retracement area. Bears gain strength.
While the GBP is struggling through Brexit worries, the EUR is taking over the USD.