The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?
Tag - eur
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The UK multinational investment bank HSBC advised its clients to sell the pound in 2021.
The leading Canadian investment bank TD Securities is going to sell the EUR and buy the USD in their trade of the week.
The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
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Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels
A new threat of a full lockdown in the UK pulled the GBP down, while the euro has been boosted by optimistic PMIs…
The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.