Quadruple witching is gone and now there are no reasons for the market to hinder. From banks statements and economic data to gas storage reading and Fed’s Powell speech – get ready for active trading.
Tag - usd
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
The US showed strong retail sales for August despite the spread of the Delta virus strain. As a result, the US dollar rocketed and gold dropped by 2286 points in half an hour after the release.
The South African rand has dropped against the US dollar. What are the reasons?
The United States will release MoM Retail Sales data on September 16, 15:30 GMT+3.
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
The US will reveal its Inflation Rate, while Apple will launch iPhone 13 today. How will the markets react? Let’s find out.
Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
This week is going to be interesting for traders as the economic calendar is full of impactful events: US Inflation Rate, New Zealand’s GDP growth, and many more! Watch the video to get fresh trade ideas!
The pressure on the tech firms coming from the Chinese regulator has increased, while the USD got stronger ahead of the European trading session…
United States’ Bureau of Labor Statistics will release monthly CPI and core CPI on September 14, 15:30 GMT+3.