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Today we continue following the situation in the metals' market after the yellow metal broke 2 000. EUR/USD is trading right near the strong resistance, while USD/CAD has fallen to February's lows.
FOMC statement on Wednesday 26th will shake currency and US stock markets. Also, Wednesday will be a significant day for the Canadian dollar. As the Bank of Canada monetary policy report will be announced. Volatility will also be added by the crude oil inventories report. Watch this video to learn more about the future of USD, CAD and the US stock market.
Gas soared more than 60% in a day and dumped 50% after that. What are the reasons for this? Also, Bitcoin is acting unusually bullish, but the crypto still has a lot to show. Gold is in the buy zone, but will it last for long? All this plus a little more in our fresh video!
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
After NFP greatly exceeded expectations, the market players turn their heads to the release of US CPI, which may push the Fed to hike sooner…
For the stock market, January turned out to be the worst month since the market crash in March 2020. There are expectations of rate hikes, another covid wave, and speeding the end of the bond-buying program. What to expect from February and how to trade this week?
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