The USD is going to be in the spotlight again this week as the Federal Reserve will hold a meeting on Wednesday, which could be a big mover! Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
Tag - usd
Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
All eyes are turning to the Federal Reserve and the US dollar. How to trade XAU/USD, EUR/USD, and GBP/USD?
The main bank of Russian will likely turn hawkish today. Time to sell USD/RUB?
While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels.
Bitcoin seems to reverse up from the local dips. Are there enough reasons to buy it now?
Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205.
The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything about tapering again in July.
The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!
US inflation report and ECB meeting will shake the market on Thursday. More opportunities for traders! Read the article to know how the market will probably react.
Latest Forex news and fresh technical analysis! Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/CAD, and XAU/USD!
All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which stands at $3B weekly.