Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
Fresh Market Analysis
Information is not investment advice
On December the 3rd Canada reported a 6% unemployment rate, while the expectations were at a 6.6% level. Less than expected unemployment rate is always hawkish news for the national currency.
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
The higher prices seen today are generally related to the pandemic, that’s no doubt. US consumer prices jumped in October at the fastest pace in three decades putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will raise interest rates next year. Jerome Powell says Fed will discuss speeding up bond-buying taper at the December meeting. What does it mean for markets?
NFP starts to feel a little bit boring and the market's focus shifts to other important economic data. Inflation is one of them. It is affected by supply shortages, the amount of printed money, and an increase in demand. But how does it affect the market? In this video, we'll find out!
Jerome Powell is getting a second term as chair of the Federal Reserve. Powell is seen as less dovish than Brainard (another nominee). The US dollar should get some support from the possibility of faster-than-expected Fed tapering.
The USD is strong after the comments of the Federal Reserve members. Gold is under the impact of contradictory factors. Watch the video to get trade ideas for EUR/USD, USD/JPY, XAU/USD, and XBR/USD!
Find out the insights for today's trading of the most popular instruments on the Forex market…
Find out the insights for today's trading of the most popular instruments on the Forex market
Markets anticipate another rate decrease from Turkey bank and it is putting ever more pressure on the lira that has fallen more than 25% for the last year. Cryptocurrency exchange Mt.Gox is now under a rehabilitation program, so volatility may come to crypto. Watch the video to find more!
Hong Kong’s HK 50 index rose and the Chinese yuan edged up as traders assess the outcome of the first virtual meeting between US President Joe Biden and Chinese leader Xi Jinping. The main focus will be on the US Retail Sales which will be out today at 15:30 GMT+2.
After the rally on the past week US dollar is ready to reverse and gold, which broke through the global resistance line will overperform the market…