The USD is losing its grip on the South African rand. Until when?
Tag - usd
The market is waiting for the BOC rate statement...
Optimism about the Moderna vaccine improved the market sentiment. Let’s have a closer look, what’s happening today.
What to expect from the Bank of Canada on Wednesday?
The Canadian central bank will announce interest rates and make a speech on Wednesday, July 15, at 17:00 MT time. Also, the BOC press conference will be later at 18:15 MT time.
What happened? Gold was just above $1 800, now - back down below?
The market sentiment deteriorated amid fresh US-China tensions. Investors remain cautious as increasing virus cases may damage economic activity again.
The market sentiment deteriorated amid fresh US-China tensions. Also, investors remain cautious as increasing virus cases may damage economic activity again. Stocks and risky currencies dropped, as well as gold. These days the yellow metal tends to move together with risk assets.
OPEC+ will have a meeting this week. What are we to expect?
The pair failed to move in one direction for more than two days in three weeks. How to trade it?
Stock indexes and gold are setting new highs, the USD is going through challenging times and the CAD and the EUR await decisions of their central banks. Watch the video to prepare for this week's trading!
Risk-on is back on the market. Riskier currencies and stocks are in favor. Gold is rising too as investors try to hedge.