Traders await the US Inflation Rate report today at 15:30 GMT+3. The hotter inflation is, the higher the possibility the Fed will tighten the policy soon. If it is the case, it will be positive for the USD.
Fresh Market Analysis
Information is not investment advice
The USD remains strong, S&P 500 subsided from the record highs, gold is under pressure after the flash crash on Monday, Moderna stock jumped, BTC is enjoying positive news.
Trade ideas for gold, USD/CHF, oil, EUR/USD for this Friday
The key events for the stock and the currency markets are in one video!
New Zealand reported strong labor data. As a result, the New Zealand dollar surged! Investors keep assessing regulatory risks in China on tech giants. Alibaba’s revenue missed estimates for the first time in 2 years.
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.
EUR/USD is moving sideways ahead of the ECB meeting. USD/CAD dropped after the hawkish action of the Bank of Canada. The earnings season is underway!
While the corporate world is starting the earnings season, the S&P 500 is taking a little break from the bullish trajectory, and the Forex landscape is pretty mixed.
After the FOMC confirmed no changes to the monetary policy until the economic recovery is completed, the US stocks surged
Watch the video to learn about the most interesting trade setups in EUR/USD, GBP/USD, USD/JPY, gold, and EU50.
Gold surged as US real yields dropped for the third time in four sessions. However, XAU/USD has lost its steam and slightly dropped. So, how to trade it now? Watch the video!
While the American stock market pushes S&P 500 above 4000, most currencies are weak against the US dollar, and commodities fluctuate.