Gold is eyeing $2 000 and the EUR keeps rallying amid the weak US dollar. How to trade this week? What market events will drive the market? In this video, FBS analyst Kseniia Medik gives trade ideas for the current week.
Tag - europe news
Gold is eyeing $2 000, the EUR has reached 1.70 and other interesting market movements.
EUR/USD surged to highest level unseen since January 6, 2019. Nasdaq surged to the record high at 10 860. Check out the video to get more trade ideas about gold, the S&P 500 and the GBP!
The market is really bullish today. Let’s have a closer look.
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 pair is trading near 1.1450. Does it still have the potential to the upside?
The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!
The market sentiment is mixed as investors are weighing on additional government support measures amid increasing virus cases throughout the world.
The European central bank will publish the main refinancing rate and make a statement on Thursday, July 16, at 14:45 MT time. Also, the ECB’s press conference will be later at 15:30 MT time.
Optimism about the Moderna vaccine improved the market sentiment. Let’s have a closer look, what’s happening today.
The pair approaches the significant resistance at 61.8% Fibo level. Look for the breakout!