Everything you need to know for the first week of August
Weekly Market Outlook: May 18-22
Information is not investment advice
Oil and gold prices are rising, the currency market is mixed - watch the new weekly outlook to see what's moving in Forex on May 18-22!
Gold is eyeing $2 000 and the EUR keeps rallying amid the weak US dollar. How to trade this week? What market events will drive the market? In this video, FBS analyst Kseniia Medik gives trade ideas for the current week.
The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!
How will the NFP release influence the market? Watch the video to discover scenarious for the major pairs!
The market sentiment is indeed risk-on today! Gold has approached to the key resistance at $2 050 and the S&P 500 is eyeing all-time high at 3 390.
Today we continue following the situation in the metals' market after the yellow metal broke 2 000…