Dollar Breaks Through the Important Support / GOLD, EUR/USD overview
Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
June 26: stocks gained despite virus fears
Information is not investment advice
The market sentiment is mixed. Yesterday unemployment claims in the USA came worse than analysts expected.
US states such as Florida and Texas recorded new coronavirus outbreaks. Localized restrictions have been imposed in Portugal, Germany, Australia and China.
Nevertheless, stocks gained slightly yesterday. Investors stay optimistic because they believe that the second wave will be offset by the additional stimulus measures from the government.
Follow US reports of personal spending and consumer sentiment at 15:30 MT time today.
Similar
Canada Might Increase Key Rate / Trade Idea
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.
Will Oil Prices Hit $50 Soon?
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
Popular
EUR/USD, GBP/USD, Gold, Disney: Big Market Overview!
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…
Gold bulls are in danger! Market analysis for Jan 31 - Feb 4
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?
Choose your payment system
