Main market news on September 11
The market sentiment is mixed, but still, there are some interesting movements. Let’s have a closer look.
Tag - gold
September 11: no stopping for the EUR
The ECB confirmed they are not planning to change the course of the EUR: all aboard!
ECB Monetary Policy Time
EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
Markets await ECB's statement
The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!
September 10: ahead of ECB meeting
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
Risk Averse Lead Markets
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
Main market movements on September 8
The US dollar continues climbing up, while the euro and the pound are dipping. Let’s have a closer look.
September 8: soft USD, strong EUR, weak GBP
While the GBP is struggling through Brexit worries, the EUR is taking over the USD.
Gold: long-term bullish forecast
Such credible banks as Bank of America and Citigroup made extremely bullish forecasts from $3 000 to $5 000. It’s hard to imagine right now, but let’s discuss why it may become true.
EUR/JPY: bearish sentiment
The JPY is the strongest and the GBP is the weakest as the European afternoon session begins. Jump in for the fresh analysis!
Weekly Market Outlook: Sep 7-11
The US dollar has managed to regain some of the lost ground versus other Forex majors. Will this correction continue? Watch the video to find out what is driving the market!
What drives the market on September 7?
The US dollar has started the week on the positive footing after the upbeat Friday’s NFP. However, later on, it lost some of its gains as the US stocks reversed from huge losses.
