The USD strengthened last week. What awaits EUR/USD, GBP/USD, and USD/JPY on Monday? Brent oil (XBR/USD) opened with a gap up. China says Bitcoin transactions are illegal, but BTC doesn't care much. Watch the video to learn more!
Tag - oil
A combo of strong demand and poor supply has sent oil prices to the high unseen since 2018. Gas is at record highs as well.
Commodities (iron ore, oil) and commodity-linked currencies (AUD, CAD) surged. West Texas Intermediate has reached $75 a barrel, while Brent rose to the highest mark since October 2018.
The Fed can start tapering already this November, oil is rallying pushing the Canadian dollar up! Jump in to know more!
How will the Federal Reserve, the Bank of England, the Bank of Japan, and the Swiss central bank move the market? Watch the weekly video to find out and get trade ideas for Forex pairs, oil, gold, and S&P 500!…
Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
Besides US Retail Sales data, Australian Unemployment Rate and New Zealand GDP this week will bring us Quadruple Witching – one of the four most important days of a year for futures and options!
The next week is going to be interesting for traders. The US, UK, and Canada will reveal the inflation data. Australia will show the labor numbers, while New Zealand – GDP growth.
ECB keeps the key rate, but slows bonds purchase, China sells oil reserves, US dollar trading sideways! More information in the video!…
Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…
Bad NFP data caused an unexpected reaction on markets, aluminum might skyrocket, and Bitcoin is at a crossroads. All this plus a little more in our new Trading Plan!