US Democrats and Republicans failed to agree about the $1-trillion stimulus package. Will this hurt the USD?
Tag - trade ideas
Trump's administration is discussing a stimulus package to fight the coronavirus. What awaits the USD?
Earlier this morning, there were multiple sources stating that the G7 will have a teleconference later this week.
The USD is under pressure versus the EUR and the JPY as traders raised bets on the Fed's rate cut. Lean more!
Coronavirus is once again disrupting the markets: AUD/USD is at multiyear lows. Many other pairs formed bearish gaps as well. EUR/USD is awaiting data from Germany.
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The Chinese e-commerce giant Alibaba will publish its earnings report on February 13, at 14:30 MT time.
The famous pharma giant Pfizer is going to release its earnings report on January 28 at 17:00 MT time.
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EUR/NZD has recently made a number of attempts to approach 0.76 but all of them failed.
Although both the AUD and the NZD suffer versus the USD, it seems that, for now, the Australian currency is a bit stronger than New Zealand’s one.