In the United States, the economy was contracted by (worst-ever) 32.9% in the second quarter in 2020, crushed by COVID-19 lockdowns in 2nd quarter.
Technical Analysis
Information is not investment advice
Gold is waiting to see what the US Fed says. And then... see the article to know, what's then.
The pair slightly contracted after reaching the highest level since 2018. What’s next?
GBP/USD seems to be bouncing downwards. Where will that end?
The USD is losing its grip on the South African rand. Until when?
What happened? Gold was just above $1 800, now - back down below?
OPEC+ will have a meeting this week. What are we to expect?
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
This Thursday, S&P clings to the upside again. Is it a bullish shift finally?
NZD/CAD rose above the key resistance of 0.88. What lies above?
Does the British pound have anything to say against the USD?
Do we have to worry about the recovery of the S&P? The article gives a suggestion on it.