September 1: how low will the USD fall?
Watch the video to get the fresh trading tips for EUR/USD, GBP/USD, USD/JPY, AUD/USD, and gold!
Tag - gbp
Stocks are mostly lower today
Stocks are mostly lower today, with the real action in the markets again happening in the USD. The U.S. currency extended losses at the start of the new month to trade at its lowest since May 2018.
Fed vice chair Clarida will deliver a speech on US monetary policy
Fed's chair will make the monetary policy statement. Investors will mainly focus on the Fed’s new average inflation targeting regime and economic guidelines.
The yield on 10-year Treasuries fell two basis points to 0.74%
GBP/USD tested the key resistance level at 1.33191.
GBP/USD: the question of 1.33
GBP/USD comes to challenge the 2-year resistance. Will it cross it?
Economic confidence for the Eurozone is expected to rise slightly in August
GBP/USD is now testing the key resistance at 1.32605.
USD index ticks higher as US markets are little changed
Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.
August 27: Heads up to the speech by the Fed Chair Powell
Today we anticipate the speech by the Fed Chair Jerome Powell during the Jackson Hole Symposium.
The positive sentiment in the US equity market continues
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
The S&P500 ended the previous session with another record close
NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
August 26: USD steady
The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.
German IFO expectations for August
EUR/USD is gyrating the pivot point at 1.18078
