EUR/USD fell to a 33-month low. What's next? Which events will move GBP/USD, USD/JPY, and AUD/USD this week?
Weekly Market Outlook: August 26-30
Information is not investment advice
The escalation of the trade war between the US and China moved the Forex market at the beginning of the week. Thus, we will continue to follow the progress in US-China trade relations thoroughly, as the risk sentiment remains fragile. This week we will also see some important releases for the Australian dollar, the greenback, and the loonie. Check the key levels of the currency pairs ahead of the events and sort out your trading schedule with the weekly market outlook by FBS!
Check the key levels for EUR/USD, USD/CAD and AUD/USD in the video.
Markets are mixed, prevailing mood is flight to safety. How do currencies respond?
Many traders build strategies based on divergences and identify entry and exit points.