Oil and Bitcoin Dropped, Gold Recovers
Oil has dropped to the lows unseen since late May, while gold has reversed up from a dip under $1,800.
Forex News
Key information updates for profitable trading
Information is not investment advice
How will AUD React to Australian Retail Sales?
Australian monthly retail sales will be announced at 04:30 MT time (GMT+3) on Wednesday, July 21. T
Moderna Joins S&P, NZD Surged on Inflation Data
Moderna rocketed after an announcement that it is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level.
The AUD Awaits Australian Job Data
Australia will release employment change and an unemployment rate on July 15, at 04:30 MT time.
Market Wrap: Weak Dollar, Strong NZD and Gold
The NZD rocketed after the Reserve Bank of New Zealand claimed it would end quantitative easing this month. Jump in to know more!
Trading on Tuesday: Earnings Reports and US Inflation
The earnings season starts today! Traders await a report from Goldman Sachs at 14:30 GMT+3.
The Bank of Canada May Push the CAD
The Bank of Canada will publish a rate statement and update on the interest rate on Wednesday, at 17:00 MT time.
US Inflation: Will It Skyrocket Further?
The United States will publish a headline and core inflation rate on July 13, at 15:30 MT time.
What will move the market on July 12-16?
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
Risk-off Sentiment Prevails on Markets
Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
CAD: Canada Reveals Labor Data
Canada will reveal its jobless rate and employment change for June on July 9, 15:30 MT.
Gold Surged, Traders Await FOMC Minutes
Gold has surged above the psychological mark of $1800 ahead of the Minutes from the Fed’s meeting. Read the article to get ideas on EUR/USD, Gold, and USD/JPY!