What may push the AUD down this week? What economic releases are worth following? Jump in to know all the answers and get the analysis of EUR/USD, gold, GBP/USD, and USD/JPY!
Tag - usd
US House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Trump admin has called on Congress to pass a stripped-down version of the relief bill.
Riskier assets and gold ended last week with huge gains due to the weak US dollar’s performance. Let’s discuss what will drive the markets today.
The US monthly CPI is announced on Tuesday at 15:30 MT time.
UK August monthly GDP comes at +2.1% vs +4.6% m/m than expected
The risk-on sentiment across the markets is improving, as the White House hints about a large-scale stimulus.
What is reflation trade? Let's find that out with the example of the USD.
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
WTI oil price is testing the tactical resistance. Will it break it?
US stock markets are indicated to open higher, still supported by hopes of support for the US economy after the administration’s abrupt pivot on Wednesday.
The US dollar waned on hopes for the fiscal stimulus, allowing riskier currencies to move higher, and the Canadian dollar as well.
AUD/USD keeps rallying for the second day, but economic releases tomorrow may change the situation.