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 30: heads up to the Fed chair testimony
Information is not investment advice
The day has started with a stronger dollar, as bulls pushed USD/JPY higher. Up next, let's wait for the economic releases for Canada, speeches by the FOMC members, and, most importantly, the Fed Chair Powell's testimony.
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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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