Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
Tag - oil
The USD and the JPY are rising as safe havens. Oil is moving down amid the OPEC+ uncertainty. Apple stock is near the record high and may advance more. Watch the video to learn more!
Gold has surged above the psychological mark of $1800 ahead of the Minutes from the Fed’s meeting. Read the article to get ideas on EUR/USD, Gold, and USD/JPY!
Jump in to get the latest market news and trade ideas on gold, EUR/USD, and NZD/USD!
Oil has surged as OPEC+ members failed to make a deal. EUR/USD, NZD/USD, and gold are edging higher. Watch the video to learn more!
Oil remains high after the OPEC+ failed to reach a deal. It's a bank holiday in the United States.
The OPEC meeting and the US Nonfarm Payrolls rocked the market last week. The market is torn between optimism about the global economic recovery and concerns about the new coronavirus strains.
OPEC members haven’t been able to agree on oil output yesterday. The US dollar jumped ahead of the NFP report today.
The US dollar keeps strengthening due to the fresh Covid-19 outbreaks in some parts of the world. By the way, the US NFP report will be out already this Friday!
Moderna stock jumped by 7% on good news about the company's vaccine. The USD is strengthening versus the EUR, and gold moved down on Tuesday because of the stronger greenback. Watch the video to get trade ideas for Wednesday!
What will happen? The Organization of the Petroleum Exporting Countries and 10 additional oil-exporting countries, including Russia, will hold a videoconference on July 1…
Facebook skyrocketed on Monday, and oil prices fell on risk-off sentiment