The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
Tag - aud - australian dollar
The USD has stopped its depreciation against riskier assets... for a while.
The USD has finally tried to strengthen versus other major currencies…
Gold is eyeing $2 000, the EUR has reached 1.70 and other interesting market movements.
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.
Yet another volatile session in the markets…
The EU leaders agreed on a recovery fund and Oxford University has created a coronavirus vaccine. How will this news influence the market today? Watch the video to find out!
How to trade on July 21?
The Australian Monetary Policy Meeting Minutes are announced on Tuesday at 04:30 MT time.
Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.
The next week may definitely be called Australian due to the huge amount of economic releases.