Let’s look what’s happening with stocks, gold and EUR/USD today.
Tag - gold
The market's performance appears pretty mild this Monday, but still there are some interesting instruments to trade.
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
Today's NFP brought us some strong data - how did Forex react?
EUR skyrocketed after the ECB statement ,stocks keep rallying, gold froze ahead of NFP
The ECB unveiled more asset purchases than expected. EUR went up, but can reverse soon. What is the forecast?
The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…
The market takes a breath after the rally up. What is next?
As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.
EUR and gold moved up
The market sentiment is mixed as Donald Trump didn't impose direct sanctions on China and protests continue in the USA.
The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.