Tag - usd

The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.

Fed Chair Jerome Powell will testify today at 19:05 MT time. This event is crucial for traders as the tone of the speech may set the risk tone for the markets for the next two weeks.

S&P made a significant dip down while the WTI oil price moves upward this Thursday; we are expecting news from the OPEC+ about the oil supply increase. Will it go higher or lower than expected? That'll eventually drive the oil price in either direction - prepare your levels.

Non-farm payrolls, the most awaited economic report, will be out on March 5 at 15:30 MT time.

This currency pair is now between the two MAs at the key resistance level - will it break it?

Australian GDP rose by 3.1%, exceeding analysts’ forecasts of 2.5%. The Australian dollar climbed after the release, but then joined its peers in falling against the USD.

On Tuesday, the USD advanced against the so-called “safe-haven” currencies: the Swiss franc and the Japanese yen

This Tuesday evening, OPEC+ starts the series of this week's sessions to define the supply increase. Check the article out, and trade it!

The US Services PMI will be out at 17:00 MT time on March 3.

The stock market has been trading in a green zone after the US House approved the $1…

Here is a tactical suggestion on how to trade the shining metal.

Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.