Coronavirus is raging, gold is surging, USD is rising, other currencies falling. What's the outlook for the Forex market? FBS analyst Gaspar Markosyan will go through the main headlines and key levels with you - watch the video to get up to date!
Weekly Market Outlook: December 2-6
Information is not investment advice
Happy winter, everyone! FBS hopes it brings you a lot of good trades. To start this December productively, we prepared a weekly outlook of the market. Watch it to find out the main events for the Australian dollar, the date of the BOC rate statement and the indicators for the USD. And, of course, do not underestimate the job reports for the US and Canada.
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
Did the coronavirus hit the United States? What does it mean for the USD? Which other events will impact the American currency today?
Coronavirus continues threatening the markets…