The dollar suffered losses against the rest of G10 yesterday
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading within the cloud…
Stock’s futures gain in today's session
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair is now trading above the Kumo. Further bullish momentum will trigger the market to reach fresh highs.
European Market View
Today investors are awaiting the ZEW Indicator of Economic Sentiment for the German economy, showing more optimism among analysts, while the uncertainty from COVID-19 may temper the expectations.
At 16:00 CET Fed’s Mester will deliver a speech. The House of Representatives of the U.S. Congress may approve the 1 trillion dollars infrastructure package. Stock’s futures gain as traders eye the risk of the virus.
In Europe, companies will report earnings on Tuesday. The cautious optimism in Europe reflects similar sentiment emerging in Pacific and Asia, where shares slightly rose this morning.
Michael Eliades
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The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise you and plunge greatly in a short period.
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