The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
Forex News
Information is not investment advice
The US NFP will be published on August 7 at 15:30 MT time.
The market sentiment improved amid the slowdown in virus cases. Let's have a closer look at the AUD, S&P 500, gold and the GBP.
The RBA will make a rate statement on August 4 at 7:30 MT time.
The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.
The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.
Gold is eyeing $2 000, the EUR has reached 1.70 and other interesting market movements.
The market is really bullish today. Let’s have a closer look.