A Grand Day for the USD
The United States will post the indicators of employment on July 2, at 15:30 MT time.
Forex News
Key information updates for profitable trading
Information is not investment advice
GBP is pressed after BOE, stocks surged due to Biden's plan
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
US PCE Price Index is going out
US PCE Price Index will be out on Friday at 15:30 MT.
Microsoft rocketed, markets calmed down
Microsoft joined Apple in the $2 trillion dollar club! Follow PMI reports from the US, UK, and EU throughout the day!
BOE meeting will influence the GBP
The Bank of England will release its statement and announce its monetary policy decision on June 24 at 14:00 MT.
Fresh analysis: EUR/USD, gold, and oil
The US stock market rebounds as the prospect of very gradual policy tightening calms down investors. rude oil and gold jumped as the US dollar weakened.
BofA: oil may reach $100 a barrel next year
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
PMI reports on Wednesday will influence EUR, GBP, and USD
Wednesday will please traders as many economic indicators will be out! The USA, UK, and Euro Area will release PMI reports on June 23 from 10:15 to 16:45 MT.
US dollar rallies up after Fed
The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.
An opportunity to trade GBP on the news
Great Britain will release retail sales for May on June 18, at 09:00 MT time. One cannot underestimate the importance of this indicator.
USD surged after Fed’s hawkish surprise
The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!
EUR/USD recovered losses, all eyes on US Retail Sales
EUR/USD is recovering after the enormous slump on Monday. Follow US Retail Sales at 15:30 MT time!