Tag - gold

August 31: ahead of Fed's speech
August 31: ahead of Fed's speech

The US dollar has started the week on the positive footing, while riskier assets are dipping down. Let’s discuss last market movements in more details.

August 28: dovish Fed statement
August 28: dovish Fed statement

The Fed made a dovish statement yesterday. As a result, the US dollar dipped down, while riskier currencies and stocks significantly rose.

August 26: USD steady
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.

August 25: S&P set record high
August 25: S&P set record high

The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!

August 21: risk-on is back
August 21: risk-on is back

The market sentiment has switched to risk-on today as US-China relationships are getting better. The US dollar is dipping down, while riskier assets are rising.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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