NFP will be released at 15.30 MT time. What is the forecast?
Tag - jpy - japanese yen
The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.
April seasonal patterns weren’t supposed to work, but somehow they did. Even a strong fundamental issue such as the global recession amid the coronavirus couldn’t overwhelm it. That’s why May seasonal patterns may work as well.
The Fed and the ECB planning to expand the economic stimulus package make the USD and the EUR lose value.
Watch the video to find out how to trade the USD!
The risk sentiment remains positive, but for how long?
Since the middle of March, the AUD has been getting stronger. Will that go far?
This week the meetings of the Federal Reserve and the European Central Bank will be in the center of market's attention.
Here’s what’s moving the market on April 27.
The market starts the week with risky appetites: the AUD and the NZD rise, in line with the GBP/USD and the EUR/USD.
What is moving the Forex market this Thursday? Check the article and set your levels.
The Australian dollar's price performance against the USD and JPY offers an interesting chart formation. Where does it go?