The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong.
Tag - eur
S&P 500 made a strong close on Monday as traders await earnings reports of the largest US companies.
This week will bring us many interesting events for traders: inflation reports from the UK, Canada, and also PMI reports from the EU, UK, and the US. It will affect almost the entire Forex market. Watch the video to get fresh trade ideas for the week ahead!
The rally of the US dollar has stopped for a while. That allowed risk-on assets (GBP, NZS, AUD, stocks) and also gold to recover some losses.
Watch the video to get fresh trading ideas!
Investors are worried about high inflation. Brent oil keeps looking at $85 a barrel, natural gas corrected down, EUR/USD remains in a downtrend, and USD/JPY paused after the rapid growth on Monday.
The crypto market keeps recovering. Bitcoin has broken above $57,000. The way up to $60,000 is open now!
The upcoming CPI and the earnings season are the main events in the focus of traders next week. Check out more!
The market sentiment is risk-off. Stocks are falling, while the safe-haven US dollar is edging higher. Meanwhile, oil advanced after the OPEC meeting.
Watch the analysis of Chinese index, oil, EUR, GBP with the fresh daily trading plan!
The oil keeps rallying as concerns of a global energy crunch strengthened. Brent has almost reached $80 a barrel – the level which has been unseen since 2018.
The USD strengthened last week. What awaits EUR/USD, GBP/USD, and USD/JPY on Monday? Brent oil (XBR/USD) opened with a gap up. China says Bitcoin transactions are illegal, but BTC doesn't care much. Watch the video to learn more!