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: November 11-15
Information is not investment advice
Welcome to the new week with FBS! The new digest with the Chief Market analyst Darya Bobrova is ready to provide you fresh market opportunities. First of all, we have awesome news for those of you who got a little bit bored last week - the dovish central banks are back! This time we anticipate the rate cut by the Reserve bank of New Zealand. This is not the only important event in the market, as we will see a lot of releases for the major currencies. Check the weekly outlook to learn more market movers and set the key levels for the pairs.
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…