Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
Trading plan for February 19
Information is not investment advice
- The most significant event today is the release of the average earnings index for Great Britain at 11:30 MT time. Also, follow the Brexit updates. Watch GBP/USD.
- Gold entered the overbought zone. It may signal a potential reversal.
Similar
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?
Popular
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…
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?