Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
Tag - usd
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.
Risk-on pushed stocks and riskier currencies upward.
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.
The NFP brought good figures last Thursday, but the spike of infections in the US keeps suppressing the risky momentum.
Preview into one of the hottest events of the month!
Gold dropped significantly yesterday, while analysts predicted $1 800. Were they wrong?
The risk-on tone is back on the market again. Let’s look at main trading opportunities.
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.
Concerns about the coronavirus clash with hopes of recovery. Traders await the US jobs data. Watch the video to find out what this means for the major pairs!
If the pair crosses this level, it will surge further, otherwise – reverse. Check it out.