Risk-on is back. Market news and trade ideas on July 9
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Tag - usd
July 9: lighter moods
The USD loses its grip over currencies as lighter moods enter the market.
GOLD: the era of $1 800
Congratulations! Gold has just opened a new era... or, rather, reopened...
What drives the market on July 8?
The market takes breath after the long rally. What opportunities do traders have today?
GBP managed to resist USD
Almost all currencies have loosened against the greenback today, but the GBP keeps rallying. How is it possible?
The US labor market is in focus again
The United States will publish a weekly update on unemployment claims on July 9, at 15:30 MT time.
July 7: gold is moving up to $1 800
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
How to trade on July 7?
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.
PEPSICO stock: going steady
Mid-term downswing, long-term rising - that is what we have in store for PepsiCo stock.
Weekly Market Outlook: July 6-10
What is going to move the market this week?
USD/CNH: falling down
The pair has broken down two strong supports. What’s next?
USD: risk is making its way in?
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
