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?
Forex News
Key information updates for profitable trading
Information is not investment advice
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!
Will the economic data drive the USD up?
The United States will release retail sales and producer inflation (PPI index) numbers at 15:30 MT time on June 15.
Gold dropped, market awaits Fed meeting on Wednesday
Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
Most promising stocks in June 2021
Growth stocks are back on track! Jump in to get the fresh stock market outlook!
All eyes on USD/RUB ahead of the CBR interest rate decision
The main bank of Russian will likely turn hawkish today. Time to sell USD/RUB?
EUR/USD is in focus ahead of US inflation and ECB
The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!
The Fed’s meeting will drive the USD
The Federal Reserve will release its statement and announce its interest rate decision at 21:00 MT time. Then, at 21:30 MT time, the central bank will hold a press conference.