UK retail sales will be out at 9:00 MT on March 26.
Forex News
Information is not investment advice
Rising yields, potential US tax hikes, and inflation fears worry investors. As a result, the market sentiment is risk-off. Stocks are falling, while the USD and the JPY are edging higher.
Bitcoin skyrocketed 5% after Tesla’s founder Elon Musk officially announced it will accept the cryptocurrencies as payment.
The final US GDP will be out at 14:30 MT on March 25.
PMI reports from the EU, the UK, and the USA will be released during the whole day on March 24, to the delight of traders.
Microsoft is planning to buy Discord. Gold is climbing up. Besides, Fed's Powell will testify today. Jump in for fresh trading ideas!
Cathie Wood’s Ark Invest claimed it foresees Tesla to hit the $3000 level by 2025.
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020. Oil started recovering its losses after the worst week since October.
For the last two weeks, the Turkish lira has been gaining against the USD. Suddenly, 15% were reduced from its value in one day! Let's discover what happened.
Oil plunged several percent on Thursday. They say, the bullish rally was just too aggressive. Let's trade the dip then!
The number of Americans asking for new unemployment benefits unexpectedly jumped last week.
The Fed pledged to keep near-zero rates at least through 2023. The dovish message pressed down the US dollar. As a result, EUR/USD and GBP/USD surged.