The Federal Reserve are facing a tricky situation. The US election is approaching which should result in the Fed staying put.
Tag - gbp
Keep an eye on the UK monetary policy statement on September 17 at 14:00 MT time!
The market calms down ahead of the Fed’s statement this evening.
Watch this video to get fresh analysis of EUR/USD, GBP/USD, USD/JPY and gold!
Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines.
The market is relatively quiet with the soft USD, consolidating oil, and rather bullish gold - check the levels for the main Forex currency pairs in the daily video!
U.S. stocks are set to open markedly higher on reassurances from the pharma sector about progress in the hunt for a vaccine to fight the Covid-19 virus.
In this video we will go through the main events of the week and analyze EUR/USD, GBP/USD, GBP/JPY and gold!
Eurozone March industrial production comes at 4.1% vs 4.2% m/m than expected
The USD retreats as traders await the meeting of the Fed on Wednesday. Find out the levels to trade EUR/USD, GBP/USD, USD/JPY, and gold!
Risk looking positive as we enter European session.
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.