The market takes breath after the long rally. What opportunities do traders have today?
Tag - u.s.
The United States will publish a weekly update on unemployment claims on July 9, at 15:30 MT time.
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Investors prefer safe-haven assets like gold, the US dollar and the Japanese yen.
The pair has broken down two strong supports. What’s next?
The overall market sentiment was mixed after the USA recorded the largest increase in virus cases since May 9. The data even offset the better-than-expected NFP.
Gold dropped significantly yesterday, while analysts predicted $1 800. Were they wrong?
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
The market sentiment is mixed. Let’s look at most interesting movements on the market today.
What will drive the market this week?
Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
Investors stay optimistic despite the virus outbreak in the USA and worse-than-expected jobless claims.
The market sentiment deteriorated as the USA and some other countries are suffering from the new virus resurgence. Investors worry that the economic reopening may be delayed.