US democrats are planning to unveil $2.2 trillion dollars to support the economic activity. That announcement improved the market sentiment after the worse-than-expected US unemployment claims. Jump in for the analysis of EUR/USD, USD/JPY, S&P 500 and gold!
Tag - eur
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
Watch the video to discover the economic drivers and the technical levels for the key currency pairs!
Jump in for the fresh analysis of EUR/USD, AUD/JPY, NZD/JPY and silver!
The dollar hit a two-month high against its developed-market peers..
Europe's economy is stalling again as rising numbers of Covid-19 infections interrupt the return to normal life.
UK's Raab supports that virus restrictions are serious, proportionate
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
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!