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.
Tag - usd
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.
Risk-on is back on the market. EUR, GBP and stocks are in favor. Gold is rising too as investors try to hedge their risk investments.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.