The USD lost it's value across the board as the market got risk-on mood back; at the same time, gold climbed to $1,770 paving the way to $1,800.
Tag - gold
Gold surged to the month high, but then dropped. Where is it headed?
The market sentiment is mixed. New cases of coronavirus decreased in China, but they surged in the USA. Also, US-China tensions weigh on the trading sentiment.
While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?
The gold price recently has revisited $1,750. What are we to expect?
Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
The market sentiment is mixed today. How to trade in such an uncertain environment?
The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.
The US Fed's dovish announcement last Wednesday made the USD gain against riskier currencies.
Risk-off prevails on the market. Consider trade ideas that presented in this article.
We are looking forward to the main event of this week - the Federal Reserve meeting