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…
Trading plan for May 30
Information is not investment advice
- Today we anticipate the release of the preliminary GDP growth for the US at 15:30 MT time. Check the levels for EUR/USD and USD/JPY.
- As for the emerging markets, the day will be highlighted by the release of the quarterly GDP growth for Brazil at 15:00 MT. Will it weaken the real? Pay attention to USD/BRL.
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
