
Would you like to know the main market drivers for this week?
Would you like to know the main market drivers for this week?
The dovish Fed, the slowdown in Europe and Brexit were among the things that moved the market last week. Let’s look at this week’s opportunities.
EUR/USD formed a bearish candlestick with a big upper wick on the weekly chart.
On Friday, the evergreen buck rallied versus its counterparts reacting to a rebound in American home sales, although profits were tamed by a steep soar in the Japanese yen as American government bond gains dived in the face of worries of the decelerating…
Pay attention to the EUR/CAD and USD/CAD today!
EUR/USD met resistance at 1.1450 and turned lower.
USD/JPY broke below the January-March support line and the picture for the pair turned bearish.
Check the key levels for the British pound ahead of the EU Economic Summit!
On Thursday, the evergreen buck faced heavy losses in Asia because the key US bank shocked the financial markets by giving up all of its plans to have rates lifted in 2019, which appears to be an indication that its three-year campaign to stabilize its…
On Wednesday, the evergreen buck went up, attracting safe-haven bids following reports of further tension in US-China trade talks, although its profits were minor, with caution anticipated from the major US bank at its policy gathering later in the day…
What events to trade on today?
The Mexican peso is supported by the rising oil prices, while the USD weakened ahead of the Fed’s meeting.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!