USD/CHF and EUR/CHF rose to tactical highs. What's next?
US ELECTION: markets as the US day starts
Information is not investment advice
While the scores haven't changed much overnight in the US, Biden's positions remain strong while officials in some states report the gap between the rivals widening in favor of Joe Biden. Let's see what the day brings.
Just be careful with the USD: it lost value just before the business day started in the US, but now it is in correction to take back some of the gains - that is clearly visible with all pairs with the American dollar.
Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time
Australia will publish the employment change and unemployment rate on February 18, at 02:30 MT time.
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time.