The US dollar keeps strengthening due to the fresh Covid-19 outbreaks in some parts of the world. By the way, the US NFP report will be out already this Friday, and positive expectations are boosting the USD as well.
Information is not investment advice
Facebook skyrocketed on Monday, and oil prices fell on risk-off sentiment
US500 (S&P 500) had the best week since February as concerns that the Federal Reserve will raise rates eased. The most impressive gains were shown by Nike and Virgin Galactic. Brent oil is trading near $75.
The analysis of EUR/USD, EUR/GBP, and other assets
Markets are calm this week after last week’s volatility caused by the Fed’s hawkish surprise at its meeting. However, there are still some interesting movements! Markets are calm this week after last week’s volatility caused by the Fed’s hawkish surprise at its meeting. However, there are still some interesting movements!
The US stock market rebounds as the prospect of very gradual policy tightening calms down investors. The S&P 500 rallied the most in five weeks!
The US dollar remains strong after Fed Bullard's comments. EUR/USD, GBP/USD, and XAU/USD try to find support and recover. What are the key technical levels? Watch the video to find out!
Daily trade ideas for this Friday
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)!
The day of the Federal Reserve has finally come! What are the technical levels ahead of the meeting? What scenarios are there? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, gold, and oil!
Follow the analysis of EUR/USD, USD/JPY, gold, and S&P500
The USD is going to be in the spotlight again this week as the Federal Reserve will hold a meeting on Wednesday, which could be a big mover! Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.