Market Wrap: Weak Dollar, Strong NZD and Gold
The NZD rocketed after the Reserve Bank of New Zealand claimed it would end quantitative easing this month. Jump in to know more!
Tag - usd
Trading on Tuesday: Earnings Reports and US Inflation
The earnings season starts today! Traders await reports from JPMorgan and Goldman Sachs. Jump in to know more!
US inflation and earnings season / Trade idea on July 13
The earnings season starts today! Traders await reports from JPMorgan and Goldman Sachs at 14:00 and 14:30 GMT+3, respectively, and PepsiCo at 13:00 GMT+3.
USD/CAD Short Trade
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
Weekly Market Outlook: July 12-16
Traders await the US inflation data, oil's dealing with OPEC+ uncertainty, the earnings season starts in America, while New Zealand's and Canada's central banks will set policy.
SPCE in focus, levels for EUR/USD and GBP/USD / Trade ideas for July 12
Will the SPCE skyrocket after Richard Branson's successful space flight?
US Inflation: Will It Skyrocket Further?
The United States will publish a headline and core inflation rate on July 13, at 15:30 MT time.
What will move the market on July 12-16?
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
Risk-off Sentiment Prevails on Markets
Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
CAD: Canada Reveals Labor Data
Canada will reveal its jobless rate and employment change for June on July 9, 15:30 MT.
USD, JPY, Oil, Gold & Apple / Trade ideas for July 8
The USD and the JPY are rising as safe havens. Oil is moving down amid the OPEC+ uncertainty. Apple stock is near the record high and may advance more. Watch the video to learn more!
Let's Risk Some EUR/USD Here
EUR/USD declined for the third session in a row, reaching as low as 1.1780 but managed to close yesterday’s trading above 1.18 support area.
