Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
Tag - wti - west texas intermediate
The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.
The weak has started with concerns about the coronavirus and the global recovery. How to make porfit in such an environment? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, WTI, and XAU/USD!
Risk-averse still prevails on the market. Safe-haven assets are in favor, while risk-off ones are left aside. Great opportunities to make profit!
The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.
As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.
Let’s look what moves the market today.
EUR and gold moved up
The market sentiment is mixed as Donald Trump didn't impose direct sanctions on China and protests continue in the USA.
The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.
Oil prices have been climbing up for a long time. What have stopped them?