Tag - usd

Risk-on keeps driving the market
Risk-on keeps driving the market

The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.  

USD/CAD dropped to key support
USD/CAD dropped to key support

The US dollar waned on hopes for the fiscal stimulus, allowing riskier currencies to move higher, and the Canadian dollar as well.

October 8: quiet market
October 8: quiet market

The market is relatively quiet on comments that despite the disagreements, the UK and the EU may come to a deal on time.

JPM, BAC, CITI: three destinies
JPM, BAC, CITI: three destinies

Banks are reporting next week: JPMorgan and Citigroup on Tuesday (15:30 MT and 17:00 respectively), and Bank of America on Wednesday (15:30 MT). What do we have in store?

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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