The main event for today is the FOMC meeting, while stocks are recovering after yesterday's plunge.
Tag - usd
Today the Fed will make a policy statement at 21:00 GMT+3. This event will affect all the currency pairs with the USD and thus almost the all Forex market!
What will happen? FOMC statement will be announced at 21:00 MT (GMT+3) on Wednesday, July 27…
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
Hong Kong stock index extended a decline sparked by China’s tech crackdown. US stocks fell after the S&P 500 reached a fresh all-time high. Tesla posted better-than-expected results. Watch the video to know the most important market news!
Weekly update for EUR/USD, USD/CAD, gold, and stocks
The earnings of Twitter, Intel beat estimates, while euro awaits PMIs
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
The overall market sentiment is risk-on. The S&P 500 index (US 500) is getting close to the all-time high. Oil is recovering quickly from its recent losses.
What will happen? US consumer confidence will be announced at 5:00 MT (GMT+3) on Tuesday, July 27…
PMI reports from the EU, the UK, and the USA will be released during the day!
After a notable rally all the way to 1.28, USD/CAD dropped back to 1.2730 yesterday, confirming our outlook mentioned a few days ago about the need for a downside retracement before the upside trend resumes.