BOE announces its interest rate on Thursday, at 14:00 MT time.
Tag - gbp
European stock markets are seen opening sharply lower Friday, with investors cutting positions given the uncertainty surrounding the populist trading movement
What is moving the markets today?
The US dollar is heading towards its largest weekly increase since October amid the risk-off market sentiment. Whereas, global stocks are having their worst weekly drop in nearly three months.
What’s happening? S&P dropped, the AUD dropped, while USD/JPY skyrocketed!
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?
Read a short market wrap with daily recommendations on major pairs!
The UK multinational investment bank HSBC advised its clients to sell the pound in 2021.
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?
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.
Jump in to get a short market wrap with fresh trade ideas!
U.S. stocks are set to open lower later, on a combination of the pandemic news and the downbeat news from Tech’s Old Guard late on Thursday.