Coronavirus is once again disrupting the markets: AUD/USD is at multiyear lows. Many other pairs formed bearish gaps as well. EUR/USD is awaiting data from Germany.
Tag - usd
CB Consumer Confidence index will be announced at 17:00 MT time on Tuesday.
There is almost only one big event on the stage of Forex - Coronavirus. How will currencies and commodities respond?
Check the key levels for EUR/USD, USD/CAD and AUD/USD in the video.
Currently, the precious metal trades in the zone of 7-year highs. How far away is the all-time high?
The volatility in USD/MXN has jumped. The pair is correcting up within the downtrend, which has been in place since September.
Coronavirus pushse gold and currencies to where they have not been for years. What next?
GBP/USD had been rejected down from the 200-week MA in the 1.3033 area. Then it fell below the 100-week line at 1.2950.
Markets are mixed, prevailing mood is flight to safety. How do currencies respond?
The United States will publish its flash manufacturing PMI at 16:45 MT time on February 21.
It’s not surprising that investors prefer the USD to the EUR and sell EUR/USD. Different approaches of the European Central Bank and the Federal Reserve stresses the situation.
JPY keeps losing grounds against the USD. What factors stand behind that?