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: July 8-12
Information is not investment advice
Next week will provide us enough opportunities for making our trading schedule busy. At first, we will see the rate statement by the Bank of Canada. Will it change its tone? Let’s find out on Wednesday. In addition, we anticipate the indicators for Great Britain and the US. Find out the dates of the key events and consider how they may affect the currency pairs from the weekly market outlook by FBS!
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…